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Bank of America becomes the reserve custody service provider for stablecoin payments for the Digital Bank Anchorage.
According to Mars Finance, Anchorage Digital Bank, a crypto-friendly Digital Bank, announced that a U.S. bank has become its reserve custody service provider for payment stablecoins. It is reported that Anchorage Digital Bank is currently the only federally chartered crypto-native bank, operating under direct supervision of the Office of the Comptroller of the Currency (OCC).