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Bank of America to Become Anchorage's Digital Bank for Stablecoin Reserves Custody Service

BlockBeats News, October 9, Anchorage Digital Bank, a crypto-friendly digital bank, announced that US Bank has become its reserve custody service provider for its payment stablecoin. Anchorage Digital Bank is currently the holder of a US federal charter as a crypto-native bank and operates under the direct supervision of the Office of the Comptroller of the Currency (OCC).

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