Anchorage Digital Announces Delisting of USDC and Other Stablecoins, Faces Industry Criticism
According to a report by Cryptopolitan cited by Jinse Finance, federally chartered crypto bank Anchorage Digital has announced the delisting of several stablecoins, including the widely used USDC, sparking criticism within the industry. Anchorage released a "Stablecoin Safety Matrix" to assess the regulatory oversight and reserve quality of digital dollar tokens. USDC, Agora USD (AUSD), and Usual USD (USD0) failed to meet the company's internal standards and will be phased out. Anchorage is urging its institutional clients to switch to Global Dollar (USDG), a competing stablecoin issued by Paxos and supported by a consortium in which Anchorage is a founding member.
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