According to CoinDesk, Anchorage Digital CEO Nathan McCauley announced on May 8 that approximately 20 financial institutions and large technology companies are queuing to issue their own stablecoins through Anchorage following the passage of the GENIUS Act. McCauley stated that Anchorage has secured authorization from all major stablecoin issuers in the market, with clients including banks pursuing specific objectives and stablecoin issuers with distribution channels.
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