BlockBeats news: On May 13, according to an exclusive report by The Block, U.S. federally chartered crypto bank Anchorage Digital has partnered with Grupo Salinas, controlled by Mexican billionaire Ricardo Salinas Pliego. Anchorage will provide Grupo Salinas with its USD-pegged stablecoin payment channel to streamline cross-border payment processes denominated in U.S. dollars.
Under the agreement, Grupo Salinas will integrate Anchorage Digital’s stablecoin infrastructure into its cross-border payment flows through its crypto business division, Coinpro, to shorten settlement cycles. This partnership leverages a blockchain-based U.S. dollar transfer channel to enable programmable, real-time settlement while maintaining the governance, security, and regulatory standards required by large financial institutions.
Nathan McCauley, Co-founder and CEO of Anchorage Digital, stated that stablecoins are evolving from transactional tools into core financial infrastructure, with their “bank stablecoin solution” providing banks and financial institutions with a secure, federally regulated way to transfer U.S. dollars globally via blockchain. Carlos Díaz Alonso, a senior executive at Grupo Salinas, said the partnership will jointly develop more efficient channels to benefit customers and users of Elektra, its retail financial services company.
Notably, Grupo Salinas is controlled by prominent Bitcoin bull Ricardo Salinas Pliego, who also controls Banco Azteca bank. Recently, Western Union launched a USD-pegged stablecoin issued by Anchorage Digital on the Solana blockchain.