PANews reported on November 26th that, according to CoinDesk, Anchorage Digital, a federally chartered cryptocurrency bank, plans to launch a rewards program for holders of USDtb and USDe tokens without directly offering returns that would violate US stablecoin laws. According to the report, institutions can hold these two tokens on the Anchorage platform without staking or locking assets; idle holdings will earn rewards. These rewards will be distributed by Anchorage Digital Neo Ltd., an entity separate from Anchorage Digital Bank, to circumvent GENIUS regulations. The spokesperson stated that the underlying stablecoin and rewards are secured by an industry-leading custody and security architecture, and the plan, funded by Anchorage, aims to improve flexibility and capital efficiency for institutional fund management. The GENIUS Act, passed earlier this year, prohibits stablecoin issuers from paying interest to prevent unregulated banking activities and effectively bans yield-bearing stablecoins. Anchorage's architecture may provide a compliance template for US issuers, enabling them to distribute similar rewards to token holders.PANews reported on November 26th that, according to CoinDesk, Anchorage Digital, a federally chartered cryptocurrency bank, plans to launch a rewards program for holders of USDtb and USDe tokens without directly offering returns that would violate US stablecoin laws. According to the report, institutions can hold these two tokens on the Anchorage platform without staking or locking assets; idle holdings will earn rewards. These rewards will be distributed by Anchorage Digital Neo Ltd., an entity separate from Anchorage Digital Bank, to circumvent GENIUS regulations. The spokesperson stated that the underlying stablecoin and rewards are secured by an industry-leading custody and security architecture, and the plan, funded by Anchorage, aims to improve flexibility and capital efficiency for institutional fund management. The GENIUS Act, passed earlier this year, prohibits stablecoin issuers from paying interest to prevent unregulated banking activities and effectively bans yield-bearing stablecoins. Anchorage's architecture may provide a compliance template for US issuers, enabling them to distribute similar rewards to token holders.

Anchorage Digital plans to launch a compliant rewards program for USDtb and USDe token holders.

2025/11/26 09:27

PANews reported on November 26th that, according to CoinDesk, Anchorage Digital, a federally chartered cryptocurrency bank, plans to launch a rewards program for holders of USDtb and USDe tokens without directly offering returns that would violate US stablecoin laws. According to the report, institutions can hold these two tokens on the Anchorage platform without staking or locking assets; idle holdings will earn rewards. These rewards will be distributed by Anchorage Digital Neo Ltd., an entity separate from Anchorage Digital Bank, to circumvent GENIUS regulations.

The spokesperson stated that the underlying stablecoin and rewards are secured by an industry-leading custody and security architecture, and the plan, funded by Anchorage, aims to improve flexibility and capital efficiency for institutional fund management. The GENIUS Act, passed earlier this year, prohibits stablecoin issuers from paying interest to prevent unregulated banking activities and effectively bans yield-bearing stablecoins. Anchorage's architecture may provide a compliance template for US issuers, enabling them to distribute similar rewards to token holders.

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QQQ short term cycle nearing end; pullback likely to attract buyers [Video]

QQQ short term cycle nearing end; pullback likely to attract buyers [Video]

The post QQQ short term cycle nearing end; pullback likely to attract buyers [Video] appeared on BitcoinEthereumNews.com. The short-term Elliott Wave outlook for the Nasdaq 100 ETF (QQQ) indicates that the cycle from the April 2025 low remains active. Wave (4) of the ongoing impulse concluded at 580.27, and the ETF has since resumed its upward trajectory. To confirm continuation, price must break above the prior wave (3) peak recorded on 30 October at 638.41. The rally from the 21 November wave (4) low has matured and is expected to complete soon, reflecting the natural rhythm of the Elliott Wave sequence. The advance from wave (4) has unfolded as a five-wave impulse. Within this structure, wave ((i)) ended at 586.25, followed by a corrective pullback in wave ((ii)) that terminated at 580.36. From there, the ETF nested higher. Wave (i) of the next sequence ended at 596.98, while wave (ii) pulled back to 589.44. Momentum carried wave (iii) to 606.76, before wave (iv) corrected to 597.32. The final leg, wave (v), reached 619.51, completing wave ((iii)) at a higher degree. A subsequent pullback in wave ((iv)) ended at 612.13. Looking ahead, wave ((v)) of 1 is expected to finish soon. Afterward, a corrective wave 2 should unfold, addressing the cycle from the 21 November low before the ETF resumes higher. In the near term, as long as the pivot at 580.27 remains intact, dips are anticipated to find support in a 3, 7, or 11 swing sequence, reinforcing prospects for further upside. Nasdaq 100 ETF (QQQ) 30-minute Elliott Wave chart from 12.5.2025 Nasdaq 100 ETF Elliott Wave [Video] Source: https://www.fxstreet.com/news/qqq-short-term-cycle-nearing-end-pullback-likely-to-attract-buyers-video-202512050323
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BitcoinEthereumNews2025/12/05 11:40