Anchorage Digital Opens Institutional Access to Frgmnt's Stablecoins

Anchorage Digital has partnered with Frgmnt to provide institutional clients with access to its fUSD and sfUSD assets. This partnership allows institutions to hold, mint, stake, unstake, and redeem these assets through Anchorage's existing custody infrastructure.

Frgmnt's fUSD is a stablecoin that can be minted against $USDC, while holders can stake it for sfUSD, which earns rewards generated by the protocol's underlying strategies.

According to Aurélien Roussel, CEO and co-founder of Frgmnt, this partnership will make Frgmnt accessible to funds, corporate treasuries, and fintech companies that are already using institutional digital asset infrastructure.