Tether to make $100M strategic investment in Anchorage Digital

Tether, the issuer of USDT, has announced a $100 million strategic equity investment in crypto bank Anchorage Digital. The company said it views Anchorage Digital as playing a key role in integrating cryptocurrencies into the mainstream financial system. This investment follows Tether's recent launch of the U.S. regulation-compliant stablecoin USAT through Anchorage.