BULLISH 📈 : Tether invests $100M in Anchorage Digital to expand US presence

Tether Investments announced a $100 million investment in Anchorage Digital on February 5. This move supports Anchorage, the first federally chartered digital asset bank in the US, which issues Tether's USA₮ stablecoin.

The investment strengthens Tether's relationship with Anchorage, crucial for its market access in the United States.
Anchorage received a BitLicense in 2024 to operate in New York, enhancing its position as a regulated institution.
This partnership connects Tether to the US banking industry amid regulatory scrutiny under the GENIUS Act.

This strategic equity stake highlights the necessity of partnering with federally chartered banks to penetrate the US stablecoin market effectively.