PayPal Introduces PYUSD Rewards in Partnership with Anchorage Digital

Anchorage Digital has introduced its first stablecoin rewards program for PayPal USD (PYUSD) holders, offering institutions a secure way to earn rewards through its platform and the Porto self-custody wallet.

The program prioritizes security by avoiding practices like rehypothecation, staking, or lending, ensuring PYUSD remains fully accessible and segregated on-chain. This initiative, launched in collaboration with PayPal, aims to enhance the value and utility of PYUSD for institutional clients while maintaining the highest standards of digital asset security.

Clever Robot News Desk 24th August 2024

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