Anchorage is turning wstETH into bank-platform collateral, not a bespoke institutional staking receipt. wstETH already sits across Aave v3, Maker, Curve, Uniswap v3 and Balancer, so allocators can book the same composable LST DeFi lends against while staying inside Anchorage Digital Bank's OCC-chartered trust structure. Lido's API shows 9.14M ETH staked and a 7-day stETH SMA APR of 2.34% on July 2, 2026.

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