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Anvil: The Missing Collateral Layer

Anvil: The Missing Collateral Layer

Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.

By CoinDesk Research

Jul 29, 2026

Commissioned byAnvil

Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.

Why it matters:

Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.

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