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      Anchorage Digital Integrates Frgmnt’s fUSD Stablecoin for Institutional Clients

      Anchorage Digital, the only federally chartered crypto bank in the United States, has announced a partnership with Frgmnt to incorporate the startup's fUSD stablecoin into its institutional custody platform. This integration allows eligible clients to hold, mint, redeem, and stake fUSD without the need for a separate wallet infrastructure. The announcement was made on September 11, 2026, highlighting a significant step in blending decentralized finance (DeFi) yield mechanics within a regulated banking framework.

      fUSD is pegged 1:1 against USDC, with Frgmnt utilizing the collateral in on-chain lending markets such as Aave and Morpho. This strategy enables stakers to access sfUSD, a yield-bearing version of the token that distributes rewards from these lending markets, minus a 20% performance fee retained by the protocol. Launched on March 27, 2026, on Base, Coinbase's layer-2 network, fUSD has undergone a CertiK audit to ensure its security and reliability.

      Anchorage Digital's federal charter from the Office of the Comptroller of the Currency provides a regulatory advantage that many crypto custodians lack. The bank already facilitates minting and redemption for various stablecoins, and the addition of fUSD enhances its offerings with a yield-bearing option. Frgmnt's structured deposit approach, which limits inflows to capped waves, aims to maintain transparency and stability in collateralization ratios, further appealing to institutional investors.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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