"Anchorage Digital announced it has acquired Routable, a payouts platform that helps commercial and enterprise businesses onboard payees, automate compliance, and orchestrate payouts globally. The logic of the acquisition is completion. Anchorage Digital provides infrastructure for stablecoin issuance, custody, and settlement. Routable provides the payout distribution layer. Together, a corporate treasurer can issue on the same platform they distribute from, whether a payment settles in dollars, euros, stablecoins, or tokenized deposits."