April 30, 2025 — Anchorage Digital, a federally regulated digital asset bank, has partnered with stablecoin infrastructure firm M0 to provide a combined issuance stack for companies seeking to launch U.S.-regulated stablecoins, the firms announced today.
The integrated solution allows businesses to leverage M0’s modular infrastructure layer alongside Anchorage’s qualified custody and compliance services, streamlining the path to issuing dollar-pegged tokens that meet U.S. regulatory standards.
“This partnership removes the technical and regulatory friction that has held back enterprise stablecoin issuance,” said Diogo Mónica, co-founder and president of Anchorage Digital, in a statement. “By combining M0’s flexible platform with our trusted custody, issuers can focus on their core business while we handle the heavy lifting.”
Background
Stablecoin adoption has surged, with total market capitalization exceeding $150 billion, but regulatory uncertainty remains a key barrier for institutional entrants. U.S. lawmakers have proposed frameworks requiring full reserves, transparent audits, and licensed custody—requirements that many existing issuers struggle to meet.
M0 provides a white-label infrastructure that supports multiple stablecoin designs, including permissioned and programmable tokens, while Anchorage holds a federal trust charter from the OCC and offers SOC 2-compliant custody. Together, they aim to lower the cost and complexity for banks, fintechs, and payment companies entering the space.
“Regulated custody is the cornerstone of a credible stablecoin,” added Mónica. “Without it, issuers risk non-compliance and lost trust.”
What This Means
The partnership signals an acceleration of institutional-grade stablecoin infrastructure in the United States, potentially driving a wave of new dollar-backed tokens from traditional financial institutions. By modularizing the issuance process, enterprises can customize token features—such as transfer controls and interest-bearing mechanisms—without building proprietary technology.
Industry analysts see this as a direct competitor to platforms like Circle’s USDC infrastructure and Paxos’ stablecoin-as-a-service, but with a stronger emphasis on regulatory compliance from day one. “This gives issuers a ready-made compliance wrapper,” said Sarah Jones, a fintech analyst at Blockworks Research. “For anyone worried about SEC or Treasury scrutiny, this is a significant advantage.”
However, the model still depends on clear federal stablecoin legislation, which remains pending in Congress. “The stack is only as good as the rules it follows,” Jones cautioned. “Until we have a final regulatory framework, some ambiguity remains.”
Anchorage and M0 say their joint offering will be available immediately to qualified institutional clients. Learn more about the partnership background.