PayPal PYUSD Interest Reward Program
This is a U.S. news story, published by CoinGape, that relates primarily to Anchorage Digital news.
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PYUSD holders interest rewardsCoinGape
•PayPal's PYUSD Introduces Interest Rewards With Anchorage Bank Partnership
78% Informative
PayPal PYUSD introduces interest rewards program for institutional investors via Anchorage Digital .
Anchorage Digital, a U.S. crypto firm with a bank charter, and PayPal are collaborating to offer PYUDS interest rewards.
The program incentivises accredited investors who hold the stablecoin through Anchorage Digital’s bank, its Singapore -based entity, or the non-custodial wallet Porto .
The rewards will be derived from the interest earned from the underlying assets backing it, especially the US Treasuries .
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