Anchorage Digital Acquires Routable, Bringing Stablecoin Settlement into Enterprise Payment Channels

Odaily News: Anchorage Digital has announced the acquisition of B2B payment platform Routable, with the transaction amount undisclosed. Through its developer-first API, Routable helps businesses onboard and verify payees, automates tax and compliance processes, and enables batch payments to creators, contractors, and sellers across more than 220 countries, supporting both fiat and stablecoin payments. Anchorage Digital stated that its clients will expand from crypto-native companies to traditional financial institutions entering the digital asset space, as well as large tech enterprises and Fortune 500 companies with significant payment needs. Routable will operate under a new brand, with stablecoin and tokenized deposit products expected to launch in the coming quarters.