American Banker Podcast Advice on coping with stablecoins: Anchorage CEO McCauley
Sep 9, 2025
Nathan McCauley, co-founder and CEO of Anchorage Digital, a pioneering crypto bank, dives into the world of stablecoins and their potential impact on traditional banking. He argues that stablecoins could actually enhance community banks rather than drain deposits. McCauley also discusses how banks can lend against stablecoin reserves, outlining new opportunities like crypto-as-a-service and tokenization. Additionally, he shares insights on building compliant AML/BSA programs and the importance of regulatory validation in the crypto space.
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Local Banks Can Benefit From Stablecoins
- Technology will enable community and regional banks to adopt stablecoins rather than lose deposits to them.
- Nathan McCauley expects stablecoin tools to be a net boon through better ledgering and deposit integration.
Offer Stablecoin And Wallet Services
- Consider stablecoins, wallet integration, and tokenized deposits as bank services you can offer to clients.
- Use stablecoin and wallet infrastructure to add capabilities and new deposit or settlement products.
Three Strategic Crypto Areas For Banks
- Crypto opportunities fall into three buckets: crypto-as-a-service, stablecoins, and tokenization of assets.
- These areas span retail trading, settlement, and on-chain capital markets expansion.