Anchorage Digital Selects LayerZero for Cross-Chain Stablecoin Issuance

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Fact Checked by David Constantino

Last Updated:

September 22, 2026

Anchorage Digital and LayerZero stablecoin interoperability partnership.

Anchorage Digital Selects LayerZero for Cross-Chain Stablecoin Issuance

Anchorage Digital and LayerZero stablecoin interoperability partnership.

Anchorage Digital Selects LayerZero for Cross-Chain Stablecoin Issuance

Anchorage Digital announced on September 21, 2026 that it has selected LayerZero as its interoperability partner for stablecoin issuance, adding a cross-chain distribution layer to the federally regulated bank’s digital-asset infrastructure.

LayerZero will serve as the bank’s preferred interoperability layer, providing infrastructure for stablecoins issued through Anchorage Digital Bank, N.A. so those assets can operate across multiple blockchain ecosystems using LayerZero’s Omnichain Fungible Token (OFT) standard. Tether’s USAT is the first stablecoin issued through Anchorage to launch with LayerZero interoperability.

LayerZero announced the partnership through its official X account, framing the deal as extending regulated stablecoin issuance into a broader multichain distribution layer:

What Anchorage’s Stablecoin Platform Already Covers

Anchorage Digital already provides regulated issuance infrastructure for multiple issuers, currently listing USAT from Tether, USDPT from Western Union, USDGO from OSL Group, and fUSD from Falcon Finance among the stablecoins issued through its banking infrastructure, according to Anchorage’s announcement.

Anchorage Stablecoin PlatformCurrent Position
Stablecoins supported for issuance4
First LayerZero-enabled assetUSAT
Interoperability standardLayerZero OFT
Target infrastructureMultiple blockchain ecosystems

Table 1. Anchorage’s stablecoin issuance platform and the new interoperability layer.

The partnership extends beyond a single stablecoin, with Anchorage saying stablecoins issued through its bank will be designed to support cross-chain functionality going forward, though availability for each asset will depend on its specific implementation.

Why USAT Was the First to Adopt LayerZero

USAT launched in January 2026 as a U.S.-focused stablecoin issued by Anchorage Digital Bank under OCC supervision, with Cantor Fitzgerald serving as reserve custodian and preferred primary dealer. 

Anchorage now provides USAT’s regulated issuance and reserve infrastructure, while LayerZero provides the technology for moving the token across networks, with the OFT standard letting fungible tokens move between chains without a separate version for every network.

Tether’s choice of LayerZero is not new. Tether made a strategic investment in LayerZero Labs in February 2026, citing its role powering USDt0, a separate Tether-issued cross-chain asset that has facilitated more than $70 billion in cross-chain value transfer in under twelve months, a track record that likely informed USAT’s choice of the same interoperability layer.

What LayerZero’s Scale Offers Anchorage

LayerZero says its infrastructure supports more than 170 blockchains and has facilitated more than $260 billion in cumulative value transferred, according to LayerZero’s overview of the partnership, figures that provide context for Anchorage’s choice rather than a guarantee of Anchorage-specific volume. 

Instead of building separate connectivity arrangements per blockchain, the partnership gives Anchorage a standardized interoperability layer that can potentially extend across multiple networks, a structural approach explained in more depth in Cross-Chain Revolution: Shaping the Future of Blockchain. 

This doesn’t mean Anchorage-issued stablecoins automatically become available across all 170-plus blockchains, since each asset and network combination requires its own implementation.

Anchorage’s Issuance Business Is Expanding on Several Fronts

The LayerZero agreement builds on a stablecoin business Anchorage has expanded on multiple fronts this year, including an April 2026 partnership with M0 covering the modular infrastructure behind new stablecoin launches, separate from this interoperability deal. 

Anchorage CEO Nathan McCauley said in May that as many as 20 institutions were in a queue to issue stablecoins through Anchorage, whose platform covers issuance, custody, governance, minting, redemption, and deployment across EVM-compatible networks and Solana, worth understanding alongside the practical mechanics covered in a guide to sending money using USDT or USDC. 

Interoperability gives those issuers another component: distributing stablecoins across multiple blockchain environments rather than a single chain.

What Cross-Chain Distribution Requires

Supporting multiple blockchains can expand a stablecoin’s reach, but it introduces additional technical and operational considerations. Issuers need to maintain consistent supply, redemption, custody, and compliance controls as assets operate across networks, which is why this arrangement connects regulated issuance with a technology layer built to make those assets usable across ecosystems, rather than a simple bridge feature. 

The companies haven’t disclosed expected transaction volumes or a complete list of networks initially supporting USAT.

What Comes Next for Anchorage’s Cross-Chain Rollout

The next stage depends on which blockchain networks are integrated and whether institutions and payment providers adopt the expanded infrastructure. The broader test will be whether Anchorage can use a common interoperability layer to distribute multiple regulated stablecoins across ecosystems without fragmenting issuance and settlement processes.

What this means for you: Anchorage Digital’s partnership with LayerZero adds cross-chain distribution to its regulated stablecoin issuance business. The immediate impact is most relevant to institutional users, but broader blockchain availability could make Anchorage-issued stablecoins more accessible across payment, trading, and financial applications as additional networks are integrated.

This article is for informational purposes only and does not constitute financial or investment advice. Stablecoins and cross-chain infrastructure involve regulatory, technical, custody, liquidity, smart-contract, and interoperability risks. Availability may vary by asset, blockchain, jurisdiction, and participating institution.

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Darlene Lleno

Author

Darlene Lleno is a crypto enthusiast and author who was first hooked on Axie Infinity, with SLP (Smooth Love Potion) being her entry point into the world of digital assets. While she still holds SLP, her focus has since expanded to include diverse trading in cryptocurrencies, memecoins, metals, and stocks. Passionate about exploring opportunities across various markets, Darlene shares her insights and experiences to help others navigate the dynamic financial landscape.