Anchorage Digital Acquires Routable, Integrates Stablecoin Settlements

Anchorage Digital has acquired the B2B payment platform Routable, with the transaction amount undisclosed. Routable helps businesses onboard and verify payees through a developer-first API, automates tax and compliance processes, and supports bulk payments to creators, contractors, sellers, and others in over 220 countries, allowing for both fiat and stablecoin payments. Anchorage Digital stated that its client base will expand to include traditional financial institutions and large tech companies, as well as 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.

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