Anchorage Digital launches stablecoin issuance platform with Ethena as first partner client in the US, making USDtb fully compliant under GENIUS stablecoin regulation signed by Trump in July. Teresa Cameron of Clear Junction praises stablecoins for real-time settlement, 24/7 availability, and transparency. GENIUS Act spurs surge in stablecoin market cap.

Traditional financial institutions like PNC Bank and Western Union embrace stablecoins post-GENIUS Act, with PNC partnering with Coinbase for crypto services and Western Union exploring stablecoin integrations to modernize cross-border remittance operations. WisdomTree rebrands USDW stablecoin following regulatory clarity. Crypto industry executives and traditional financial firms join stablecoin game.

Read more at Cointelegraph: Anchorage Digital Launches Stablecoin Service Following GENIUS Bill