AnchorUSD ^[19] (founded in 2018) is a stable cryptocurrency platform anchored to the United States dollar designed for fast and cheap money movements. The company's platform offers stable currency which ensures a consistent peg of USDX at exactly $1.00 in value and transfers US dollars to one of the escrow accounts managed by companies network enabling market makers to profit off of providing liquidity between USDX and other coins

It is built on the Stellar blockchain network that promises deposits are held 1:1 in audited US-based bank accounts. Clients include crypto traders, exchanges, and funds. The platform allows users to buy and sell Stellar Lumens and exchange stable coin on any exchange network.

Unlike competing Stablecoin, AnchorUSD holds all deposits in US-domiciled bank accounts. Because USDX can always be created for $1 or redeemed for $1, investors can trade with confidence and avoid the volatility of unbacked cryptocurrency. Regular audits is undergone to ensure that the number of USDX in circulation is exactly equal to the number of dollars in our bank account.

AnchorUSD^[19] puts your money to work.

Earn up to 8% APY¹ compound interest^[35] with our High Yield Stablecoin Interest Account.

8.00% Annual percentage yield (APY)¹ High Yield Interest account. That's 160x what the national average savings bank account offers.

No minimum balance requirement, no maximums on Interest earned. And no fees.

Receive interest payouts daily with no lockups, so that you can always make the most of your interest gains. Unlike traditional accounts, we payout daily. Not monthly, not weekly, Daily! This means you earn every day. You can deposit and withdraw your money anytime, 24/7.

Grow your savings automatically without thinking about it, schedule it for the frequency of your liking.

Compound interest is also offered which means the interest you earn is reinvested back into your interest account, earning even more interest.

You’re always in control and in-the-know with daily interest notifications and transaction alerts.

We employ cutting edge security systems and adhere to best practices. Keep your account secure with Two Factor Authentication, Biometrics / PIN authentication^[34], and more security features. Get support and give feedback without leaving the app.

All accounts are covered by our commercial criminal and cyber liability policies.

Standard USD accounts are eligible for FDIC insurance up to $250k.

^[20] AnchorUSD supports crypto deposits and withdrawals for users globally.

Fiat deposits^[29] and withdraws^[28] are available only in the US.

AnchorUSD currently offers to buy and sell the following currencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Stellar Lumens (XLM), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), EOS (EOS), Augur (REP), Basic Attention Token (BAT), Chainlink (LINK), Tezos (XTZ), Cosmos (ATOM), Dash (DASH), OmiseGO (OMG), 0x (ZRX), Kyber Network (KNC), Multi-collateral DAI (DAI), USD Coin (USDC), and Tether (USDT).

Zero Fees $0!

No fees to deposit or withdraw USD via bank transfers

No fees to buy cryptocurrencies via bank deposit

No fees to deposit or withdraw cryptocurrencies blockchain or gas fees may apply to cryptocurrency transactions, and be passed through)

AnchorUSD supports seamless bank deposits up to $25000.

They may also accept Wire transfer deposits, for which the bank charges AnchorUSD a $15 fee which they will pass through.

Payments made via credit and debit card s are assessed a fee by the card network processor. You can preview the exact fee within the app before making your purchase.

When you trade, they assess a margin (or “spread”) between the mid-market exchange rate and the rate that they are able to offer to you.

This spread is determined by price volatility across U.S. exchanges^[36] and covers their execution costs to fill your order, including exchange fees, and costs dependent on liquidity depth and slippage.

The exact proceeds of your purchase or sale will be previewed for you on the order screen before you execute the transaction.

They sure do!

Please visit AnchorUSD developer's page at Developers^[21] for more information. Once you are ready to get started, please fill out their onboarding questionnaire. ^[22]

AnchorUSD partnered with the Stellar (payment network) to provide a best-in-class implementation specification for fiat-backed Stablecoin. By using the AnchorUSD API,^[31] we created USDX^[32] for Stellar, a Stablecoin pegged to the US dollar.

On third-party apps, some fees may apply to bank deposits and withdrawals.

You can reach AnchorUSD via the chat widget in the bottom right corner, or by email.

Try support@anchorusd.com.

They will be happy to help!

AnchorUSD is actively using 32 technologies for its website, according to BuiltWith.^[33] These include Viewport Meta, iPhone / Mobile Compatible, and SPF.^[26]

AnchorUSD is ranked 1,371,287 among websites globally based on its 8,418 monthly web visitors.^[26]