Anchorage Digital executive argues against a second-class Fed payments account

# Anchorage Digital executive argues against a second-class Fed payments account

> Evidence tier: B2
> Evidence type: Expert opinion by an Anchorage Digital executive published by CoinDesk
> Source: [CoinDesk](https://www.coindesk.com/opinion/2026/08/12/america-doesn-t-need-a-second-class-payments-system)
> Published: 2026-08-12
> Captured: 2026-08-12T13:33:05.044Z

## Source summary

In a CoinDesk opinion article, Anchorage Digital executive Rachel Anderika argues that federally chartered digital-asset banks should receive full Federal Reserve master-account access rather than a limited account without interest, intraday credit, Fedwire Securities or FedACH. She says stablecoin circulation grew from about $250 billion in July 2025 to more than $310 billion and cites Anchorage's 2023 loss of a banking relationship on 30 days' notice as evidence of dependency on intermediaries.

## Why it matters

Direct central-bank payment access could change settlement resilience and intermediary dependence for regulated stablecoin infrastructure. This is an advocacy argument by an interested industry participant, not a Federal Reserve decision or independent performance study; the policy outcome, eligibility rules and effect on cross-border cost remain unresolved.

## Key numbers

- **Stablecoin circulation cited:** >$310 billion (from about $250 billion)
- **Notice before Anchorage's cited banking exit:** 30 days

## Topics and entities

- Industry lane: Payment infrastructure
- Entities: Anchorage Digital
- Payment infrastructure
- Web3 payments
- Cross-border payments

## Evidence and credibility note

CoinDesk opinion article written by an Anchorage Digital executive. The policy position and company experience are attributable to the author; no Federal Reserve decision or independently measured payment outcome is established.

Date evidence: Automatically verified from JSON-LD datePublished: 2026-08-12T13:00:00.000Z

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original CoinDesk report](https://www.coindesk.com/opinion/2026/08/12/america-doesn-t-need-a-second-class-payments-system)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.