Exclusive: Crypto Custodian Anchorage Digital Lays Off 17% Staff

🇺🇸 The Information (US) —

AI Summary

Crypto custodian Anchorage Digital has laid off 17% of its workforce, according to CEO Nathan McCauley. The company provides digital-asset custody and issues stablecoins, including Tether’s USAT.

Anchorage Digital, the first federally chartered U.S. digital-asset bank, has cut 17% of jobs, CEO Nathan McCauley told employees this week, according to people familiar with the matter. Anchorage, which provides crypto custody and issues stablecoins, including Tether’s new U.S. stablecoin USAT ...

Markets Deals AI & Tech Anchorage Digital layoffs crypto custody digital assets stablecoins USAT workforce reduction

Read original source →