Anchorage CEO: Approximately 20 banks and tech giants are lining up to issue stablecoins through the company.

CoinFeed reported on May 8th, citing CoinDesk, that Nathan McCauley, CEO of Anchorage Digital, stated at the Consensus conference that since the passage of the GENIUS Act, approximately 20 financial institutions and large technology companies are queuing up to issue their own stablecoins through Anchorage. He stated that Anchorage has won all the major stablecoin issuance licenses on the market, with clients including banks looking to achieve specific goals and stablecoin issuers with distribution channels. McCauley believes that agency commerce is reshaping the industry landscape, and stablecoins and digital assets are reconstructing money itself—a trend that remains severely underestimated by the market.