{"id":23793,"date":"2024-08-22T16:22:16","date_gmt":"2024-08-22T20:22:16","guid":{"rendered":"http:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/"},"modified":"2024-08-22T16:22:16","modified_gmt":"2024-08-22T20:22:16","slug":"anchorage-digital-adds-rewards-for-paypal-usd-holders","status":"publish","type":"post","link":"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/","title":{"rendered":"Anchorage Digital adds rewards for PayPal USD holders"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<p>    <noscript><img decoding=\"async\" class=\"lazyload\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/03\/shutterstock_788142184-3.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/><\/noscript>\n                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD (PYUSD).<\/span><\/li>\n<li><span style=\"font-weight: 400\">PYUSD holders can earn the rewards by custodying their tokens with Anchorage Digital, or through the Porto wallet.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Anchorage Digital has introduced a stablecoin rewards program, allowing holders of the PayPal USD (PYUSD) stablecoin to earn rewards.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The program will benefit customers who custody their PYUSD at the crypto bank,\u00a0 or use the platform\u2019s new institutional self-custody wallet Porto.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Anchorage Digital announced the feature in a blog post<\/span> <span style=\"font-weight: 400\">published<\/span><span style=\"font-weight: 400\"> on Aug. 22.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cCrypto innovators want to put their treasury cash to work but cannot compromise on asset security or accessibility. That\u2019s why Anchorage Digital is proud to work with PayPal, a publicly-traded company with a proven track record in crypto innovation to launch Anchorage Digital\u2019s stablecoin rewards program featuring PYUSD,\u201d Nathan McCauley, chief executive officer and co-founder of Anchorage Digital said.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Anchorage Digital CEO added that the platform will collaborate with protocols, foundations, venture capital firms and startups to support and unlock access to the PYUSD rewards program.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cAnchorage Digital and PayPal share a common vision of providing secure and efficient payment solutions for institutions that maximize the value of their digital assets and expand PYUSD\u2019s utility and benefits for institutional customers,\u201d Jose Fernandez da Ponte, SVP and general manager of blockchain, crypto, and digital currencies at PayPal, added.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Support for Solana, ZKsync<\/span><\/h2>\n<p><span style=\"font-weight: 400\">PayPal USD is a 1:1 US dollar-pegged stablecoin that launched in 2023. The Paxos Trust Company, regulated in the US, issues the PYUSD token that\u2019s fully backed by USD deposits, US Treasuries as well as similar cash equivalents. PayPal allows the purchase and sale of the stablecoin on its platform.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Anchorage Digital recently<\/span> <span style=\"font-weight: 400\">added<\/span><span style=\"font-weight: 400\"> custody support for zero-knowledge cryptocurrency ZKsync. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The federally chartered crypto bank also<\/span> <span style=\"font-weight: 400\">announced<\/span><span style=\"font-weight: 400\"> support for Solana (SOL) and SPL tokens in early August. According to details shared at the time, expansion to Solana allows institutions to securely custody SO and SPL tokens.<\/span><\/p>\n<p>PayPal USD went live on Solana in May 2024.<\/p>\n<div class=\"post-meta\">\n<p>                        Share this articleCategoriesTags\n                    <\/p><\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD (PYUSD). PYUSD holders can earn the rewards by custodying their tokens with Anchorage Digital, or through the Porto wallet.\u00a0 Anchorage Digital has introduced a stablecoin rewards program, allowing holders of the PayPal USD (PYUSD) stablecoin to earn [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-23793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Anchorage Digital adds rewards for PayPal USD holders - Leading Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Anchorage Digital adds rewards for PayPal USD holders\" \/>\n<meta property=\"og:description\" content=\"Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD (PYUSD). PYUSD holders can earn the rewards by custodying their tokens with Anchorage Digital, or through the Porto wallet.\u00a0 Anchorage Digital has introduced a stablecoin rewards program, allowing holders of the PayPal USD (PYUSD) stablecoin to earn [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\" \/>\n<meta property=\"og:site_name\" content=\"Leading Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-22T20:22:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadingcryptonews.com\/wp-content\/uploads\/2024\/08\/Anchorage-Digital-adds-rewards-for-PayPal-USD-holders.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"LCN-Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"LCN-Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\"},\"author\":{\"name\":\"LCN-Admin\",\"@id\":\"https:\/\/leadingcryptonews.com\/#\/schema\/person\/a303f33566761f963a7c3c0cde394e30\"},\"headline\":\"Anchorage Digital adds rewards for PayPal USD holders\",\"datePublished\":\"2024-08-22T20:22:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\"},\"wordCount\":354,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/leadingcryptonews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/leadingcryptonews.com\/wp-content\/uploads\/2024\/08\/Anchorage-Digital-adds-rewards-for-PayPal-USD-holders.jpg\",\"articleSection\":[\"Market Analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\",\"url\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\",\"name\":\"Anchorage Digital adds rewards for PayPal USD holders - Leading Crypto News\",\"isPartOf\":{\"@id\":\"https:\/\/leadingcryptonews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/leadingcryptonews.com\/wp-content\/uploads\/2024\/08\/Anchorage-Digital-adds-rewards-for-PayPal-USD-holders.jpg\",\"datePublished\":\"2024-08-22T20:22:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#primaryimage\",\"url\":\"https:\/\/leadingcryptonews.com\/wp-content\/uploads\/2024\/08\/Anchorage-Digital-adds-rewards-for-PayPal-USD-holders.jpg\",\"contentUrl\":\"https:\/\/leadingcryptonews.com\/wp-content\/uploads\/2024\/08\/Anchorage-Digital-adds-rewards-for-PayPal-USD-holders.jpg\",\"width\":500,\"height\":333,\"caption\":\"Anchorage Digital adds rewards for PayPal USD holders\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/leadingcryptonews.com\/anchorage-digital-adds-rewards-for-paypal-usd-holders\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/leadingcryptonews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Anchorage Digital adds rewards for PayPal USD holders\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/leadingcryptonews.com\/#website\",\"url\":\"https:\/\/leadingcryptonews.com\/\",\"name\":\"DarkCrypto\",\"description\":\"Latest Bitcoin &amp; 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