Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

Neutral-1.10%

11 May, 16:30

Source: CoinDesk

AI Summary

Anchorage Digital is stepping back from a Robinhood and Kraken-backed stablecoin group, signaling increased neutrality from the crypto custody firm on stablecoin initiatives.

Anchorage Digital co-founder and CEO Nathan McCauley said there will be ‘increased neutrality’ from his firm on stablecoins.