Crypto-Fiat Conversion & Settlement

Anchorage Digital provides institutional-grade fiat on/off-ramp capabilities through federally regulated banking services and the Atlas settlement network, enabling institutions to seamlessly convert between cryptocurrency and fiat currencies. As the first federally chartered crypto bank in the U.S., Anchorage Digital uniquely combines traditional banking infrastructure with advanced digital asset settlement technology.

Banking-Based Conversion

Anchorage Digital Bank serves as a unified custodian for both crypto and fiat (USD), allowing institutions to hold, deposit, and withdraw both asset classes through the same trusted platform. Fiat custody is provided through an FDIC-insured, licensed sub-custodian, while crypto assets remain under Anchorage Digital's industry-leading security infrastructure. The integrated user interface provides complete visibility across both asset classes, eliminating the need to manage multiple banking relationships.

Fiat Services

• Global USD wire transfers (send and receive)
• Fiat deposits and withdrawals
• Interbank settlement capabilities
• Seamless movement between cash and crypto rails
• Treasury management support

Atlas Settlement Network

The Atlas settlement network provides on-demand crypto-to-fiat settlement capabilities with enhanced capital efficiency and reduced counterparty risk. Unlike traditional settlement systems, Atlas enables institutions to settle directly between participants without escrow, collateral, or omnibus accounts. Settlements can be executed ad-hoc 24/7/365 or consolidated end-of-day across all obligations with counterparties.

Settlement Features

• Crypto to fiat settlement in as low as minutes
• Two-step process: fund and accept
• Simultaneous settlement with reduced counterparty risk
• Bankruptcy-remote custody for settled funds
• Segregated, on-chain settlement with verifiable wallet addresses
• Trade and settle multiple asset types in one operation
• International settlement flexibility

Integration and Scalability

• Connect via API or integrate into back-office workflows
• Self-service settlement through web dashboard, iOS app, or API
• Built for scale and high-throughput institutional use
• Complete autonomy over settlement operations
• Seamless integrations with existing systems

Security and Regulatory Protection

All crypto-fiat conversion and settlement operations benefit from Anchorage Digital's federal regulatory oversight through the Office of the Comptroller of the Currency (OCC). Assets are protected through institutional-grade offline key security with transaction signing completed in seconds, not hours. The platform maintains SOC 1 and SOC 2 Type II certification and qualified custodian status.

Protected Assets

• Assets held at Anchorage Digital Bank are verifiable on-chain
• Segregated custody with no omnibus accounts
• Bankruptcy-remote protection
• Industry-leading security infrastructure developed by world-class security engineers

Competitive Advantages

Anchorage Digital is the only custodian to provide on-demand settlement directly between participants without requiring escrow or collateral. The combination of federally regulated banking services with advanced settlement technology enables institutions to operate efficiently across both traditional finance and digital assets through a single trusted partner. This integrated approach consolidates holdings, reduces operational complexity, and maintains the highest standards of security and regulatory compliance.