Anchorage Digital expands USD accounts and SWIFT access through Standard Chartered
Anchorage Digital expanded USD account access and SWIFT payments for international institutions through a partnership with Standard Chartered. It also opened dollar accounts for eligible institutional clients through its Singapore entity alongside Anchorage Digital Bank N.A.
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What it means
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International institutional clients are the group most directly affected, because Anchorage Digital now offers them USD account access and SWIFT payments through Standard Chartered, and eligible institutional clients can also open dollar accounts through Anchorage Digital Singapore. That gives those clients another operational route for holding dollars and moving funds in the same period these changes were announced.
In practice, the account setup changed in two places: a partnership with Standard Chartered added USD accounts and SWIFT payments for international institutions, and a Singapore entity was added as another place where eligible institutional clients can open dollar accounts. What stays the same is that the accounts are still limited to eligible institutional clients, so access is not described as universal.
Market reaction
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Has this happened before?
Nothing comparable yet.