This marks the first time a stablecoin has been issued under explicit federal legislation, creating a unprecedented merger of traditional banking infrastructure with digital currency. The involvement of a federally chartered crypto bank (Anchorage) as the direct issuer establishes a new regulatory paradigm that bridges the gap between conventional monetary systems and digital assets.
First GENIUS Act Stablecoin: Ethena-Anchorage Deal Reshapes US Money
📰 What Happened
Ethena Labs has partnered with Anchorage Digital to launch USDtb, the first fully regulated stablecoin under the newly enacted GENIUS Act signed by President Trump. Anchorage, as the only crypto-native firm with a federal banking charter, will directly issue the stablecoin through its platform. The partnership ensures compliance with Federal Reserve oversight and strict reserve asset requirements mandated by the GENIUS Act framework.
📖 Prophetic Significance
The GENIUS Act's implementation through Anchorage-Ethena partnership represents a critical advancement toward the prophesied global economic control system. Unlike previous stablecoin initiatives, this combines federal banking authority, presidential-level legislation, and Federal Reserve oversight in one instrument. The selection of Anchorage as the sole federally-chartered crypto bank to issue USDtb points to Revelation 13's centralized economic authority. This creates the first fully integrated bridge between traditional banking and digital currency under direct federal control, advancing the infrastructure needed for the prophesied economic system.