According to official announcement on May 6, Anchorage Digital, a federally chartered digital asset bank, plans to launch a Cashless stablecoin reserve model on Solana to improve liquidity, capital efficiency, and security for large-scale institutional stablecoin issuers. The model will hold reserve assets in yield-bearing, low-risk tokenized instruments on Solana, enabling instant liquidity to meet redemption demands while reducing reliance on static cash buffers. Anchorage Digital will issue and manage stablecoins on behalf of institutional partners and is exploring potential tokenized solutions with JPMorgan Asset Management to support the liquidity framework.
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