Anchorage Buys Routable to Link Stablecoin and Fiat Systems
Anchorage has acquired Routable in a move designed to bridge stablecoin and fiat payment infrastructure.
Anchorage has completed the acquisition of Routable to connect stablecoin and fiat payment infrastructure, according to Pymnts. The deal integrates Routable's payments network with Anchorage's institutional digital asset platform.
Infrastructure Integration
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The combination aims to streamline how institutional clients move value between traditional financial systems and digital assets.
Key facts
- Anchorage acquired Routable
- The integration links stablecoin and fiat infrastructure
- The deal targets institutional payment workflows
Source: news.google.com
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