Anchorage Digital Launches USDM1, a Treasury-Backed Sovereign Debt Instrument on Blockchain
Anchorage Digital has introduced USDM1, a U.S. dollar-denominated sovereign debt instrument collateralized 1:1 by U.S. Treasury instruments, now available on its federally regulated custody platform. This development allows institutional clients to access and integrate the instrument into 24/7 margin and financing workflows. USDM1 is structured as a Brady bond and is compatible with derivatives and repo markets.
Topics: blockchain collateral management crypto banking institutional finance sovereign debt