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🚨 NEW: Federally chartered crypto bank Anchorage Digital to delist several stablecoins, including USDC, sparking industry backlash.
Anchorage cited its new “Stablecoin Safety Matrix” as the basis for removal, claiming USDC, AUSD, and USD0 failed to meet internal standards.
Institutions are urged to adopt USDG, issued by Paxos and backed by a consortium including Anchorage.
#USDC # AnchorageDigital #stablecoin # Paxos #USDG # CryptoBank #DeFi # Web3