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Posted by
Two Blokes Jun 28 -
Filed in
Crypto
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Anchorage Digital, a federally chartered crypto bank, announced it will phase out support for Circles USDC and redirect institutional clients toward Global Dollar (USDG), a rival stablecoin issued by Paxos. The move, based on its new Stablecoin Safety Matrix, cited regulatory and reserve risks with USDC, Agora USD (AUSD), and Usual USD (USD0), deeming them unsuitable for long-term custody.
