Since June, the company has been advertising for an Africa regional lead for stablecoin solutions, based in South Africa. The role is to sell stablecoin issuance and banking solutions to African banks and enterprises, covering FX settlement, treasury operations and correspondent banking.

This week, a professional who has led growth in Africa at Binance, Bybit, Bitget and Coinbase said on LinkedIn that he had joined Anchorage to scale stablecoin correspondent banking across the continent. The product gives foreign banks a U.S.-regulated account to send and receive dollars as stablecoins, settling in minutes rather than days and without the pre-funded accounts correspondent banking normally requires. He told Mariblock he did not apply for the advertised role and does not know whether it is the same position.

Anchorage has no offices in Africa and has made no announcements.