USD banking

Anchorage Digital supports USD as its fiat currency, with deposits, withdrawals, interest on USD holdings, and account structuring for end clients all managed through the platform. USD is offered through two Anchorage Digital entities. Anchorage Digital Bank clients bank through US partner banks—including BNY and Customers Bank—which support deposits, withdrawals, and interest. Anchorage Digital Singapore clients hold USD at Standard Chartered in Singapore and move it by international wire over SWIFT. The flows are the same on both, with a few differences covered in USD at Anchorage Digital Singapore. Each vault can hold one USD wallet. Unlike crypto wallets, which can have multiple wallets per asset within a vault, USD is limited to a single wallet per vault. This distinction shapes how you structure accounts — especially for organizations serving their own end clients. All USD operations are reflected in your standard reporting tools:

• Real-time Activity feed in the web dashboard
• Monthly downloadable Statements for accounting and reconciliation
• Custom User-generated reports
• Programmatic Webhooks

For Anchorage Digital Bank clients, we keep records to facilitate pass-through Federal Deposit Insurance Corporation (FDIC) coverage of up to the maximum coverage level of $250,000 per client at a single depository institution, such as BNY.

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USD rails

Wire transfer is the rail for moving USD in and out of Anchorage Digital today. Here’s where each rail stands for Anchorage Digital Bank clients: ACH, RTP, and FedNow are US payment rails, so they apply to Anchorage Digital Bank only. For Anchorage Digital Singapore clients, international wire over SWIFT is the only rail for USD in and out—see USD at Anchorage Digital Singapore.