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Nathan McCauley ⚓
@nathanmccauley
Co-Founder and CEO Anchorage Digital @Anchorage #bitcoin#
1.3K Following    19K Followers
This started with a question an engineer on our team wouldn’t let go of: how does a wallet actually know what code parsed its transaction? Very proud of the Anchorage Digital team for shipping this with @aws and @turnkeyhq. Trusting what you sign is essential.
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“Trust us” is not a security model. VisualSign Parser runs inside @awscloud Nitro Enclaves and returns every parsed transaction with cryptographic proof of the exact code that produced it. Built with @turnkeyhq. Fully open source. How it works ↓
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President Trump fundamentally transformed the future of finance with the signing of the GENIUS Act last year. Today, U.S. Treasury’s @USOCC took a critical step toward implementing this historic legislation with the release of a final rule that delivers a federal framework for payment stablecoins that further cements American dominance in digital assets.
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The GENIUS Act marks a watershed moment in American finance, further cementing the United States as the crypto capital of the world. Just as President Abraham Lincoln’s National Currency Act of 1863 established a national framework for bank-issued currency, the GENIUS Act establishes a federal framework for payment stablecoins in the digital age. The @USOCC's final rule carries that landmark legislation forward, providing a clear, practical foundation for private-sector innovation, competition, and American leadership in digital assets.
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Incredible historic milestone for the US dollar as @USOCC finishes rule making on GENIUS.
At the @USOCC, we have worked diligently and expeditiously to deliver the GENIUS Act final rule ahead of schedule to support President Trump's vision and @SecScottBessent's leadership to grow the economy and lead the global digital currency revolution. Today marks the birth of a new industry having a federal framework for payment stablecoins in the digital age. It also brings us back to our original mission when the OCC was charged with the responsibility for organizing and administering a system of nationally chartered banks and a uniform national currency.
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Two founders. Eight years of building payout infrastructure. One decision to join Anchorage Digital. @omri_mor and Tom Harel on why they built Routable, and what we build next.
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Two financial systems currently run in parallel, and institutions pay for the seam between them. One settles in seconds, globally, at 3am on a Sunday. The other runs on cutoff times, correspondent chains, and multi-day windows. If your business touches both, and increasingly every serious institution does, you carry the cost of that mismatch: idle capital, weekend exposure, reconciliation across providers who don't talk to each other. For digital asset businesses the cost has been higher still, because institutional USD accounts have been hard to get at all. Plenty of well-run companies in this industry have spent more time solving for banking access than for anything on their actual roadmap. Today Anchorage Digital Singapore Pte. Ltd. begins offering eligible international institutional clients USD accounts and access to SWIFT wires, including transfers to and from third parties, through a partnership with Standard Chartered Bank. It extends a capability already available through Anchorage Digital Bank to institutions worldwide. What that means in practice: a client in Singapore or Hong Kong or Dubai can hold USD and digital assets in one account structure, send and receive international wires, spin up named virtual accounts with their own routing details, and settle 24/7 with in-network counterparties through Atlas. All on the platform they already use for custody and trading. We've said for years that fiat and digital assets belong in the same account moving on the same schedule. This is what that looks like when it ships. Standard Chartered has been building in this space for a long time. Grateful for their partnership in this.
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Anchorage Digital is expanding its global footprint. USD accounts, available to eligible institutional clients through Anchorage Digital Bank N.A., are now also available through Anchorage Digital Singapore. It’s time to upgrade how you bank.  We bring USD accounts, digital asset custody, global SWIFT wires, and 24/7 settlement onto a single platform. More ⬇️ Open an account:
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The Fed is citing stablecoin demand as an offset for China selling Treasuries. The entire stablecoin ecosystem is going much, much higher.
Few people have done more to make the case for sensible crypto regulation. No one has done it as eloquently. Thank you, Commissioner Peirce. The whole industry is better for your service.
suddenly, every problem is a context problem i guess it always was
"The Dollar Just Got Upgraded to a 10x Product" @robbieklages asked @Anchorage CEO @nathanmccauley whether CLARITY failing cloture hurts bank adoption: "The GENIUS Act was the incredible milestone." "It legally blessed a path for stablecoins, so there's now such a thing as a stablecoin, a legal concept that can be regulated." "The implication is that the stuff stablecoins depend on is also good: chains are good, blockchains are good." "So GENIUS was already the unlock for banks." "Most banks' primary business is the movement, settlement, and holding of the dollar." "And the fact that the dollar is getting upgraded to a 10x-better product with stablecoins means none of them can ignore what's going on."
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Great to see agencies take the lead now that it looks like Congress is stuck.
Today, we are taking a significant step forward, within our statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks through the "Innovation Exemption." 🇺🇸
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10 reasons to pass Clarity: 1. It ends regulation by enforcement. The SEC and CFTC get written rules instead of suing companies years after the fact. 2. It puts a federal floor under every exchange. Right now your consumer protections depend on which state you live in. 3. More activity moves onto licensed, US-regulated platforms with full BSA/AML and sanctions obligations. That is a national security win. 4. FinCEN, OFAC, and DOJ keep every enforcement tool they have today. 5. The CFTC gets clear jurisdiction over digital commodities. 6. The SEC keeps its authority over securities offerings. Investor protections for security-like tokens stay intact. 7. Consumers get real disclosures before they buy: how a token is structured and how their assets are held. 8. Builders get a rulebook to build here. Every year without one, the jobs and tax revenue go offshore. 9. It protects your right to hold your own keys. Self-custody gets federal legal protection for the first time. 10. Two years of bipartisan work in the House and Senate. Actual compromise.
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Anchorage Digital now supports Robinhood Chain. Robinhood Chain is purpose-built for tokenized RWAs: equities, ETFs, and all the instruments institutions actually hold. Support is live across Anchorage Digital Bank, Anchorage Digital Singapore, and Porto. Institutional investors can now hold tokens, tokenized debt securities, and real-world assets on Robinhood Chain with a federally chartered crypto bank. New rails, same standard of custody.
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America got the internet right by letting people build while the rules were written, and the rules came out better for having something real to describe. Crypto went the other way and we all watched exchanges, hardware, and talent leave for Asia as the work here got harder. It took an act of Congress to start pulling that back. Leadership in a technology can be won back but it is cheaper to keep.
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JUST IN: Bernie Sanders unveils the “Ban Artificial Superintelligence Act,” which would outlaw AI systems that match or exceed human capabilities, with up to 20 years in prison for violations.
AI has arrived in the same few years that money itself is getting rebuilt. Stablecoins, tokenized treasuries, and settlement that runs on weekends change how a dollar moves and none of that depends on which way capital is rotating this quarter. We work on the money half and I still think it is the more underestimated of the two. It reaches every business and most of them have not noticed yet.
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AI tokens are priced in dollars and for the same capability the price drops by roughly 10x a year. Nobody keeps a treasury in something that loses 90 percent of its price every year. Agents will hold dollars and buy tokens the way a company holds dollars and buys electricity. The bank account an agent holds will matter more than the meter on its tokens.
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In 2021 bitcoin miners were the least popular load on the American grid. The ones that lasted earned their place. They curtailed when neighborhoods needed the power and financed generation which outlived any criticism. Energy fights settle when new load leaves the grid stronger than it found it. The AI buildout is simply taking the same test.
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BREAKING: President Trump releases a statement condemning the growing backlash against data centers in the US. "If we kill the Golden Goose, you will only have yourselves to blame," Trump says.
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Incredible milestone, congrats to the whole @Tether team! @paoloardoino
Wen Tether audit? nOw. Today Tether announces its first full financial audit for Tether International, conducted by KPMG U.S. which resulted in an unqualified clean opinion, marking the highest result possible. An unqualified opinion is the best possible audit opinion an independent auditor can issue. (“unqualified” in accounting jargon means without reservations — not that the audit was incomplete). Tether’s financial audit, by at least an order of magnitude, is the largest inaugural audit in the history of finance. My congratulations go to the entire Tether team and especially to our Finance function, which demonstrated its ability, precision and commitment to complete this review process within the highest standards across the whole digital assets and global financial industry. We couldn’t be more proud. Despite our Company being subject to several years of detractors’ false claims, competitors lies, political attacks and misinformed coverage by several mainstream newspapers trying desperately to discredit us for the benefit of their friends in the tall ivory towers, Tether delivered what it promised: a full financial audit issued by a Big Four accounting firm, KPMG U.S. Tether created the stablecoin industry with USD₮ in 2014, revolutionizing the whole financial industry. Today everyone talks about stablecoins, yet it all started 12 years ago, with a tiny team and a big mission. We were there when no one else could understand the disruptive potential of what we invented. Our Company has evolved into one of the most financially significant and operationally sophisticated private companies in the world. This audit demonstrates that our financial infrastructure and governance have evolved alongside that responsibility. Today, more than 650 million users across all emerging markets continue to rely on Tether daily, choosing USD₮ as their currency, for their life savings, for their commerce, for the future of their children. These are people that have been left behind by the traditional financial system and they trust our Company to remain resilient amidst all the global uncertainty that plagues the world - the proof of that stability is no longer just a Tether promise; it's now an independent signed opinion. “Never cared for what they say Never cared for games they play Never cared for what they do Never cared for what they know And I know Nothing Else Matters”
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