On August 23rd, crypto custodian Anchorage Digital announced on August 22nd the launch of a reward program for customers who host the PayPal USD (PYUSD) stablecoin. The program is available to customers who host PYUSD in Anchorage Digital or its institutional self-custodial wallet, Porto. PYUSD remains fully accessible and segregated in participants' on-chain accounts, allowing for rapid deployment. The program does not involve rehypothecation, staking or borrowing to earn rewards.
PayPal launched PYUSD in 2023, issued by the Paxos Trust Company and pegged 1:1 to the U.S. dollar.
As an ERC-20 token on the Ethereum blockchain, PYUSD will be available to a large and growing community of external developers, wallets, and Web3 applications.
Cryptocurrency custodian Anchorage Digital will launch a rewards program for customers who host PYUSD
2024-08-23 01:06:16
23 messaging crypto currency escrow institution anchorage digitaldesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
US spot bitcoin ETF saw net inflows of $65.20 million yesterdayNext article：
Mina Protocol发布可替代代币标准，支持自定义代币创建与zkApp集成
