Anchorage Enables Institutional Access to Frgmnt's fUSD Stablecoin

Anchorage Digital has partnered with stablecoin protocol Frgmnt to expand institutional access to fUSD and its staked version, sfUSD. The integration allows qualified clients to hold, mint, and redeem fUSD, as well as stake or unstake it without setting up additional custody infrastructure.

The partnership is notable for broadening the range of stablecoin services Anchorage offers and embedding strategy-based yield into the staked wrapper. Frgmnt's protocol issues fUSD against USDC on Base, with backing deployed across onchain lending markets.

As part of the integration, institutional clients using Anchorage's custody infrastructure can manage Frgmnt's stablecoin products directly inside Anchorage's environment. The key benefit is avoiding a separate custody arrangement and reducing operational friction around custody while keeping the yield component inside an established compliance workflow.