Tree News

DECRYPT · 2026-10-27 19:46 UTC

Anchorage Positions Itself as Custody Backbone of US-Mexico Stablecoin Corridor

Anchorage Digital Bank expanded its custody arrangement with Bitso to hold stablecoins moving between the US and Mexico, now custodying Bitso's MXNB Mexican peso stablecoin across six blockchains. Bitso listed Anchorage-issued US dollar stablecoins USDPT and USAT from Western Union and Tether, positioning Anchorage as the custody layer on both sides of the US-Mexico remittance corridor. The US-Mexico corridor moves tens of billions annually with about 15% already running through Bitso's infrastructure; Anchorage is betting stablecoins will replace slower legacy payment rails.

Loading the story on Tree News…