Anchorage and Lydian Partner to Bring Stablecoin Acceptance to Merchants
Anchorage Digital and Lydian team up to let payment providers and acquirers offer stablecoin payments, with merchants receiving local currency as usual.
US crypto bank Anchorage Digital and digital asset payment infrastructure company Lydian announced a partnership on 2026-11-10: Lydian will integrate Anchorage's stablecoin minting and redemption capabilities, with the relevant assets custodied by Anchorage.
According to both parties, Lydian provides an "acceptance layer" that payment service providers and acquirers can plug into: consumers can pay with any digital wallet using supported stablecoins or digital assets, while merchants receive local currency just as they would from a card swipe, without having to hold or manage digital assets themselves. Lydian handles two-way conversion between fiat and stablecoins through Anchorage, with assets held in segregated accounts at the federally chartered crypto bank and subject to audit controls.
Anchorage CEO Nathan McCauley said that for stablecoins to enter everyday commerce, the providers merchants already use must be able to accept them, and those providers need a regulated bank in the middle of the process. Lydian CEO Carl Grimstad said that discussion around stablecoins has long focused on the demand side, while the other half is whether merchants at the endpoint can actually offer stablecoins as a payment option.
Source: https://www.pymnts.com/cryptocurrency/2026/anchorage-and-lydian-team-to-promote-stablecoin-payments/
Provenance & status
- Byline
- OceanAlt Editorial
- First published
- 2026-11-11
- Last updated
- 2026-11-11
- Content type
- Newsflash
- Source material
- View original ↗
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