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A stablecoin automation is a standing instruction: when funds arrive in a wallet you choose, Anchorage Digital Bank converts them and sends them where you’ve told it to. Your quorum approves the instruction once. After that, every matching deposit is processed automatically, with no further approvals. Automations work in both directions, for any stablecoin issued by Anchorage Digital Bank.

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What you can automate

  • USD in, stablecoin out. USD lands in a vault, is minted 1:1 into the Anchorage Digital Bank-issued stablecoin you choose, and is sent to a trusted destination or one of your wallets.
  • Stablecoin in, USD out. An Anchorage Digital Bank-issued stablecoin lands in a wallet, is redeemed 1:1 for USD, and the USD is sent to a trusted bank destination or your USD wallet.
You can run both at once on different wallets, so funds can flow in one form and out the other in either direction. Destinations are limited to your own wallets and your approved trusted destinations. Every transaction is screened and recorded on the Operations page like any other.

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Set up an automation

1

Open the Automations tab

In the Dashboard, select Stablecoins, then open the Automations tab.
2

Choose your settings

Choose the direction, the trigger wallet, the asset, and the destination.
3

Submit for approval

Submit the automation. It takes effect once your quorum approves it.
You can pause or remove an automation from the same tab at any time.