Anchorage Digital, Frgmnt Team Up to Unlock Institutional DeFi Yields

Anchorage Digital has partnered with Frgmnt to provide institutional clients with direct access to its stablecoin infrastructure. Through the Anchorage Digital custody platform, institutions can now hold, mint, redeem, and stake Frgmnt's fUSD and sfUSD stablecoins. This collaboration aims to unlock institutional DeFi yields by integrating Frgmnt's protocol, which is built on Base, into the federally chartered crypto bank's offerings, allowing professional investors to engage more effectively with these specific stablecoin assets and yield mechanics.