# USDtb (Anchorage Digital): Live Peg, Issuer & Licences > USDtb (Anchorage Digital): live peg deviation in bps, depeg history, issuer Anchorage Digital, licences linked to official registers and FAQ. Canonical: https://stableradar.com/coin/usdtb Generated: 2026-11-13T12:43:43.141Z (live figures are a snapshot at build time; see the canonical page for current values) Stablecoin profile LIVE # USDtb (Anchorage Digital) stablecoin **In short:** USDtb is a USD-pegged stablecoin issued by Anchorage Digital. No token-level authorisation identified in the official registers checked. Below: live peg deviation, peg history, issuer, licences and FAQ. [Issuer profile → Anchorage Digital](https://stableradar.com/issuer/anchorage) $0.9994 Peg target: $1.0000 (USD) On peg Deviation: **-5.9 bps** (-0.06%) · Market cap: $318.0M Sources: CoinGecko, DefiLlama · [CoinGecko ↗](https://www.coingecko.com/en/coins/usdtb) · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg. ### Token legal status USDtb Other stablecoins (1) Entity licence / registration Anchorage Digital Bank National Association (issuer role per company) OCC · National trust bank · charter 25243 occ.gov ↗ (2) Authorisation to issue this token OCC-chartered entity (charter #25243) — Anchorage Digital Bank N.A. No authorisation to issue this stablecoin identified in official registers as of 27 Oct 2026. Registers checked: NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC U.S. context U.S. GENIUS Act: approves issuers (permitted payment stablecoin issuers), not individual tokens; applies from 18 Jan 2027 (FR 2026-21706) (3) Applicable law GENIUS Act — OCC final rule FR 2026-21706 (effective 18 Jan 2027) ↗ Token legal status last checked: 1 Nov 2026 ### Issuer & legal entity - Issuer **Anchorage Digital** - Legal entity Anchorage Digital Bank National Association (issuer role per company) - Headquarters US - Backing mechanism Fiat/RWA-backed - Reserve mix USDtb: primarily BlackRock BUIDL; USDGO: HQLA / US Treasuries (per Anchorage) - Reserves & attestation Monthly reserve attestations by an independent accountant (per Anchorage; USDtb reserves primarily BlackRock BUIDL) [anchorage.com ↗](https://www.anchorage.com/platform/usdtb-reserve-attestations) - Custody Anchorage Digital Bank - Redemption Issuance and redemption for eligible institutional customers via Anchorage (per Anchorage) Transparency Score (issuer) Transparency Score Weighted from public, sourced inputs · 88% of inputs available Not legal advice; algorithmic assessment from public sources. Our opinion based on public data as of 12 Nov 2026. Not a regulatory decision or a credit rating. [Issuer profile → Anchorage Digital](https://stableradar.com/issuer/anchorage) ### USDtb peg history Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time. | Favourites | Coin | Peg | Trend | Max |dev| | Low | >±50 bps | >±100 bps | Events | Details | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | **USDTB** | USD | | −48.0 bps | 0.9952 | 0 | 0 | 0 | | Source: [CoinGecko ↗](https://www.coingecko.com/), [DefiLlama ↗](https://defillama.com/stablecoins) · market data cached 13 Nov 2026, 11:28 UTC. Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg. ### FAQ about USDtb #### What is USDtb (Anchorage Digital)? USDtb is a stablecoin pegged to the US dollar. Issuer: Anchorage Digital. Backing (as described in our data): Fiat/RWA-backed. #### Who issues USDtb? USDtb is issued by Anchorage Digital Bank National Association (issuer role per company). The issuer profile on StableRadar lists its licences with links to official registers. #### Is USDtb authorised under MiCA or another stablecoin regime? No authorisation to issue USDtb was identified in the official registers StableRadar checked (NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC; last checked 1 Nov 2026). This does not mean the coin or issuer is unlawful, unlicensed or unsafe. Applicable law noted: GENIUS Act — OCC final rule FR 2026-21706 (effective 18 Jan 2027). US context: under the GENIUS Act only approved (permitted) payment stablecoin issuers may issue payment stablecoins in the US; the Act approves issuers, not individual tokens. It applies from 18 Jan 2027 (OCC final rule FR 2026-21706). #### Is USDtb safe? StableRadar does not say whether a coin is safe and does not give investment advice. In our opinion, based on public data as of 12 Nov 2026, the issuer Anchorage Digital has a Transparency Score of 45/100. This is not a regulatory decision or a credit rating. The live peg deviation and the official register links are on this page. #### How is USDtb backed? Model: Fiat/RWA-backed. Reserve mix: USDtb: primarily BlackRock BUIDL; USDGO: HQLA / US Treasuries (per Anchorage). Attestation: Monthly reserve attestations by an independent accountant (per Anchorage; USDtb reserves primarily BlackRock BUIDL). ### Related pages Issuer profile → Anchorage Digital USDtb × country checker: US Stablecoin laws by country News & depeg incidents Live peg monitor All stablecoins Issuer ranking Informational only: not legal, investment or compliance advice. Company statements are marked “per company”. Live prices: 13 Nov 2026, 12:43 UTC · Issuer reference data reviewed: 26 Oct 2026 (later changes are dated on each row) · Sources: [Issuer transparency / reserves (Anchorage Digital)](https://www.anchorage.com/platform/usdtb-reserve-attestations), [DefiLlama · USDtb](https://defillama.com/stablecoin/ethena-usdtb), [CoinGecko · USDtb](https://www.coingecko.com/en/coins/usdtb), [DefiLlama · Ethereum stablecoins](https://defillama.com/stablecoins/Ethereum) Data: [DefiLlama](https://defillama.com/) · Powered by [CoinGecko](https://www.coingecko.com/)