Anchorage Digital Integrates Institutional Access for Frgmnt Stablecoins
Regulated custodian Anchorage Digital (Anchorage Digital) has partnered with the Base-based stablecoin protocol Frgmnt (Frgmnt) to provide institutional clients with direct access to fUSD and sfUSD. This integration allows institutions to hold, mint, redeem, and stake these assets using existing infrastructure. Frgmnt, which uses USDC as collateral, is currently in a closed beta with a TVL of approximately $100,000 and plans to open public access on September 15.
Summaries are written by AI from the original article. Not investment advice.