- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Anchorage Digital is preparing to launch a rewards program for USDt₃ and USDe holders
BlockBeats News, November 26th, the Federally Chartered Crypto Bank in the United States, Anchorage Digital, is preparing to launch a reward program for holders of USDtb and USDe, while avoiding violating U.S. stablecoin-related laws by directly providing income.
Anchorage stated: Institutions can now hold these two tokens on Anchorage's platform and earn rewards on idle assets without the need to stake or lock up assets. The rewards are issued by Anchorage Digital Neo Ltd. (a separate entity from Anchorage Digital Bank), allowing Anchorage to operate within the constraints of the GENIUS Act.
This Act was passed this year to establish a legal framework for the rapidly growing stablecoin industry, which prohibits stablecoin issuers from paying interest to users to avoid "unregulated banking business" and is equivalent to prohibiting interest-bearing stablecoins.
Anchorage stated: "Whether it's the underlying stablecoins or related rewards, they are protected by our industry-leading custody and security system." "Our reward program is provided entirely by an entity operating independently from Anchorage Digital Bank." The program is self-funded by the company to enable institutions to achieve greater flexibility and capital efficiency in fund management.
You may also like
Top US Journalist Minting on Base, Attention Completes Monetization Loop
China to Launch New Digital Yuan Management System
Key Takeaways The People’s Bank of China will implement a new management system for the digital yuan on…
People’s Bank of China to Enhance Digital RMB Management System
Key Takeaways The People’s Bank of China (PBOC) plans to enhance the management system for the digital RMB.…
ZKC Price Surge Shakes Crypto Market
Key Takeaways ZKC (Boundless) experienced a significant 20.72% increase over the past 24 hours, reaching $0.14. The transition…
ZEROBASE Surges Dramatically as High-Yield Ecosystem and Institutional Confidence Drive Growth
Key Takeaways ZEROBASE (ZBT) experienced a significant 58.95% price increase in the past 24 hours, reaching a peak…
Whale Shifts to Massive Short Positions in Cryptocurrency Market
Key Takeaways A crypto whale transitioned from long to short positions, involving significant assets amounting to over $91…
Gate ETF Achieves $5 Billion Trading Volume Over 30 Days
Key Takeaways Gate ETF has reached approximately $5 billion in trading volume over the last 30 days, covering…
Cybersecurity Firm Warns of Shai-Hulud 3.0 Threatening the NPM Ecosystem
Key Takeaways SlowMist’s CISO has issued a warning about Shai-Hulud 3.0, a significant threat targeting the NPM ecosystem…
FLOW Token Plummets Amid Market Volatility and Regulatory Moves
Key Takeaways FLOW token has experienced a dramatic decline within the last 24 hours. Market volatility and profit-taking…
Hong Kong Implements Basel Crypto Standards for Banking
Key Takeaways Hong Kong Monetary Authority will enforce the Basel crypto asset regulatory standards starting January 1, 2026.…
Billions Launches Official Profiles to Combat AI-Induced Trust Issues
Key Takeaways Billions has rolled out Official Profiles to address the growing problems of trust and fraud exacerbated…
ZEC Price Soars Amidst Market Frenzy as Major Positions Shift
Key Takeaways ZEC witnessed a price surge of 14.36% within 24 hours, reaching $512.25 on December 27. The…
TAKE Token Experiencing a Dynamic Surge in Market Activity
Key Takeaways TAKE (OVERTAKE) has risen by 36.26% in the past 24 hours, trading at $0.44. Market capitalization…
RVV Token Surges as Astra Nova Gains Tier 1 Listing
Key Takeaways The Astra Nova ($RVV) token experienced a remarkable 56.33% increase in value within 24 hours. The…
AI Tool Users Advised to Guard Against Toxic Prompt Attacks
Key Takeaways SlowMist founder Yu Xian emphasizes the risk of toxic prompt attacks in AI tools, urging users…
Whale Executes Major Position with $1.8 Million USDC on HyperLiquid
Key Takeaways A significant crypto whale has deposited $1.8 million USDC into HyperLiquid. The whale used the funds…
Whale Executes Bold Crypto Strategy by Selling HYPE and Buying LIT
Key Takeaways A whale sold 100,000 HYPE tokens, valued at approximately $2.5 million. The proceeds were used to…
SlowMist Warns of Return of Shai-Hulud 3.0 Supply Chain Attack
Key Takeaways SlowMist’s Chief Information Security Officer alerted the community about the resurgence of Shai-Hulud 3.0, an advanced…
Top US Journalist Minting on Base, Attention Completes Monetization Loop
China to Launch New Digital Yuan Management System
Key Takeaways The People’s Bank of China will implement a new management system for the digital yuan on…
People’s Bank of China to Enhance Digital RMB Management System
Key Takeaways The People’s Bank of China (PBOC) plans to enhance the management system for the digital RMB.…
ZKC Price Surge Shakes Crypto Market
Key Takeaways ZKC (Boundless) experienced a significant 20.72% increase over the past 24 hours, reaching $0.14. The transition…
ZEROBASE Surges Dramatically as High-Yield Ecosystem and Institutional Confidence Drive Growth
Key Takeaways ZEROBASE (ZBT) experienced a significant 58.95% price increase in the past 24 hours, reaching a peak…
Whale Shifts to Massive Short Positions in Cryptocurrency Market
Key Takeaways A crypto whale transitioned from long to short positions, involving significant assets amounting to over $91…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App