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.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more