Anchorage Digital Bank NA, the only cryptocurrency-native company with a US federal banking charter, plans to more than double its stablecoin team over the next year. Currently, the team comprises about 20 members. This expansion follows Anchorage's recent partnership with Tether to issue a new digital dollar, USAT, compliant with U.S. regulations. Anchorage will act as the legal issuer of USAT, while Cantor Fitzgerald LP will manage its reserve assets. Anchorage CEO Nathan McCauley highlighted that the expanded team will focus on compliance, legal operations, and business development for USAT. Initially, USAT will be distributed through platforms like Rumble Inc., but there are plans to attract larger institutions to the token. The move underscores Anchorage's commitment to enhancing its stablecoin capabilities and exploring broader business applications for USAT.