The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital
Burns Brief
Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan McCauley The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan McCauley.
Key Takeaways
- Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan McCauley