Anchorage and Lydian Team to Promote Stablecoin Payments
By PYMNTS
AI summary of the source article
Anchorage Digital has partnered with digital asset payment infrastructure firm Lydian. Through the collaboration, Lydian has onboarded to Anchorage's stablecoin minting and redemption platform, with digital assets custodied by the bank.
Key facts
- Anchorage Digital launched a partnership with Lydian.
- Lydian onboarded to Anchorage stablecoin minting and redemption.
- Digital assets are custodied with Anchorage Digital.
Source excerpt · PYMNTS
Cryptocurrency-focused bank Anchorage Digital has launched a partnership with digital asset payment infrastructure company Lydian. With this collaboration, Lydian has onboarded to Anchorage stablecoin minting and redemption, with digital assets custodied with the bank, the companies said Tuesday (Nov. 10). “Stablecoins reach everyday commerce when the providers merchants already use can accept the…