Anchorage steps back from USDG consortium as it pivots to white-label stablecoin issuer for 20+ banks.

Anchorage Digital, the first federally chartered crypto bank in the U.S., is pulling back from a front-line role in the Global Dollar (USDG) stablecoin consortium — the Robinhood and Kraken-backed group whose token, issued by Paxos Digital Singapore and supervised by the MAS, carries roughly $3…