Anchorage Digital acquires B2B payment platform Routable

Anchorage Digital acquires B2B payment platform Routable for an undisclosed amount. Routable helps businesses complete payee settlement, automate tax and compliance processes, and make bulk payments to creators, contractors, and sellers in over 220 countries through APIs, supporting fiat and stablecoin compensation. Routable will operate under a new brand, and stablecoins and tokenized deposit products will be launched in the coming quarters. (Source: The Defiant)