The crypto assets industry has reached an important milestone. As a federally licensed crypto bank in the United States, Anchorage Digital recently announced a strategic partnership with the Ethereum DeFi protocol Ethena. This collaboration aims to bring the stablecoin USDtb issued by Ethena to the US market, marking a new phase in the development of compliance stablecoins.

The uniqueness of USDtb lies in its design, which complies with the recently passed stablecoin regulatory legislation, the GENIUS Act, and is expected to become the first stablecoin operating under a clear compliance framework. This innovative dollar token is not only pegged to the value of the USD, but also brings benefits to its holders. The underlying support assets mainly include BlackRock's tokenized fund BUIDL and cryptocurrency collateral, and this structural design aims to ensure the stability and reliability of USDtb.

Currently, USDtb mainly circulates outside the United States. According to data from DeFiLlama, its total value locked has reached a scale of 1.45 billion USD. Through cooperation with Anchorage, USDtb will leverage the latter's stablecoin issuance platform aimed at institutional clients to officially enter the U.S. market. This move will not only help USDtb better integrate into the U.S. financial system but also provide institutional investors with a more compliant and convenient channel for holding stablecoins.

Anchorage stated that issuing USDtb under the regulatory framework in the United States will greatly enhance its acceptance and usability within the traditional financial system. This compliance-oriented approach may attract more institutional investors to participate in the crypto assets market, thereby driving the development of the entire industry.

Guy Young, the CEO of Ethena Labs, is confident about this, noting that the market has shown strong demand for USDtb. Young believes that by adhering to the provisions of the GENIUS Act, USDtb will bring more opportunities and security to its partners and holders.

This cooperation undoubtedly paves the way for the compliance and mainstream adoption of the crypto assets industry. With the continuous improvement of the regulatory environment, innovative financial products like USDtb may increasingly emerge, promoting the deep integration of traditional finance and the crypto economy. In the future, we may see more similar compliance stablecoin projects emerging, injecting new vitality and confidence into the digital asset market.