Crypto bank Anchorage Digital adds global US Dollar wire transfers

• The Block🔴 negative
Crypto bank Anchorage Digital adds global US Dollar wire transfers

Primarily a crypto custodian, Anchorage said it is also planning to offer interest-bearing USD accounts in the coming months.

Article Summary

**Anchorage Digital Expands Banking Services with Global USD Wire Transfers and Interest-Bearing Accounts** Cryptocurrency custodian Anchorage Digital is revolutionizing digital asset banking by launching global US Dollar wire transfer services, marking a significant expansion beyond traditional crypto custody solutions. The blockchain-focused financial institution announced plans to introduce interest-bearing USD accounts in the coming months, bridging the gap between traditional banking and decentralized finance (DeFi). This strategic move positions Anchorage Digital as a comprehensive crypto bank, offering institutional and retail investors seamless fiat-to-cryptocurrency integration. The addition of wire transfer capabilities enables clients to efficiently move traditional currency alongside their Bitcoin, Ethereum, and other digital asset holdings within a single platform. The expansion comes amid growing institutional adoption of cryptocurrencies and increasing demand for regulated digital asset services. Anchorage Digital's enhanced banking features could attract more traditional investors seeking secure, compliant pathways into the cryptocurrency ecosystem. With interest-bearing accounts on the horizon, the platform aims to compete directly with conventional banks while maintaining its blockchain expertise. This development signals the continued evolution of cryptocurrency infrastructure and the maturation of digital asset banking services.

Article Details

Source
The Block
Published
October 16, 2025 at 04:51 PM
Sentiment
🔴 negative
Type
Article
Category
institutional
Topics
Institutional

Related Articles