Anchorage Digital and Frgmnt Partner to Offer Institutional Access to Stablecoin Yields

Anchorage Digital and Frgmnt announced a partnership that enables institutional investors to hold, mint, stake and redeem the protocol’s stablecoins within Anchorage’s regulated custody environment.

Integration with Institutional Custody

The collaboration removes the need for separate custody arrangements, allowing funds, corporate treasuries and fintech firms to use Frgmnt’s stablecoin tools through an infrastructure already familiar to them.

Stablecoin Mechanics

Frgmnt issues two related assets on the Base network:

• fUSD – minted against USDC and deployed in selected on‑chain lending markets.
• sfUSD – received when fUSD is staked to earn rewards generated by the protocol’s strategies.

Performance metrics for these assets can be tracked on‑chain via Frgmnt’s own statistics tools and third‑party analytics platforms such as Dune and DefiLlama.

Institutional Benefits

Anchorage Digital, operating the first federally chartered crypto bank in the United States, provides regulated custody, staking, trading and settlement services. The partnership aligns with growing demand for secure, compliant access to decentralized finance (DeFi) opportunities.

Future Deployment

Frgmnt plans to scale institutional adoption through a series of capped deposit waves, with the next wave scheduled for September.