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Bank & market adoption

Anchorage Digital Bank to issue RDUSD stablecoin for RD Technologies

USSource: Anchorage Digital

  • Anchorage Digital announced on 1 November 2026 that Anchorage Digital Bank, an OCC-chartered national trust bank, will issue RDUSD, a US dollar stablecoin, in partnership with Hong Kong-based financial technology group RD Technologies, with each coin backed 1:1 by US dollars held at the bank.
  • RDUSD is planned for deployment on HSK Chain, an Ethereum layer-2 network built by HashKey Group, and HashKey, an investor in RD Technologies, will provide day one liquidity as its primary secondary market maker in Hong Kong.
  • Potential applications named are cross-border payments, with Africa and the Middle East as the initial focus regions, and RD business wallets for corporate clients.

Why it matters

The deal shows a US federally chartered bank acting as white-label issuer, reserve holder and custodian for a foreign fintech's dollar stablecoin, a service model other banks with issuance ambitions can compare against.

Read the original: Anchorage Digital ↗

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More detail

Who is affected

RD Technologies and its corporate clients, HashKey as market maker, and businesses settling cross-border payments in RDUSD.

Key dates

  • Anchorage Digital announced RDUSD issuance partnership

What remains uncertain

  • The release gives no launch date and says RDUSD is planned for deployment on HSK Chain.

Adoption status

  • AnnouncedAnchorage Digital BankIssuer, reserve holder and custodian of RDUSD for RD Technologies on HSK Chain

Key facts

Event
Product announcement
Jurisdiction
US
Source
Anchorage Digital
Source tier
Tier 2 · Bank / FMI
Product
Stablecoin issuance, Custody & trading
How we verified this

The source says

“Anchorage Digital Bank will issue RDUSD, hold its reserves, and run minting, redemption and custody through its Stablecoin Issuance platform.”

“RDUSD is planned for deployment on HSK Chain, and each coin is backed 1:1 by US dollars held at Anchorage Digital Bank.”

“HashKey, a key investor in RD Technologies, will provide day one liquidity for RDUSD as its primary secondary market maker in Hong Kong.”

Verbatim from Anchorage Digital, matched word for word against the live page on 5 November 2026.

Sources

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-11-05 17:05 UTC
Archived snapshot
SHA-256 074fcd5eabb348a0… · fetched 2026-11-05 · Wayback Machine copy ↗
Source type
Official institutional Anchorage Digital ↗
Change log (1)
  1. 2026-11-05 Published

Full evidence record · How we label confidence

AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.

Methodology · How we classify sources · Corrections · Report an error

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