Decrypt· Decrypt Agent·· 4d ago
Anchorage Digital expands custody arrangement with Bitso to cover US-Mexico stablecoin corridor
Original source: DecryptRead original
AI brief
Anchorage Digital has expanded its custody-and-listing arrangement with Latin American crypto platform Bitso to cover both sides of the US-Mexico remittance corridor. The deal targets one of the world's largest money-transfer routes, moving tens of billions of dollars yearly. Anchorage Digital Bank's custody now supports MXNB, Bitso's Mexican peso stablecoin, across six blockchains, while Bitso has listed USDT and USDC-backed stablecoins from Western Union and Tether. The companies aim to replace legacy banking rails with onchain stablecoin transfers backed by regulated custody.
Source: Decrypt · decrypt.co