Anchorage Digital Introduces Legal Rewards Program for USDtb and USDe Tokens

TLDR

• Anchorage Digital offers rewards for USDtb and USDe stablecoin holders while adhering to U.S. stablecoin laws.
• Rewards are provided through Anchorage Digital Neo Ltd., a separate entity ensuring compliance with the GENIUS Act.
• USDtb rewards are linked to short-term U.S. Treasuries, including BlackRock’s tokenized money market fund.
• USDe, backed by crypto assets like Bitcoin and Ether, also provides rewards without violating stablecoin regulations.
• The program offers institutions flexibility in treasury management, providing capital efficiency while maintaining regulatory integrity.

Anchorage Digital has launched a rewards program for holders of USDtb and USDe stablecoins. According to a press release that was shared with Coindesk, the program aims to comply with the U.S. stablecoin regulations. The rewards are provided through Anchorage Digital Neo Ltd., a separate entity to stay within legal limits.

USDtb Stablecoin Rewards Structure

The USDtb stablecoin, issued by Anchorage Digital, offers rewards to institutional holders. The rewards are available without requiring users to stake or lock up their assets. The program allows institutions to receive rewards on idle holdings while adhering to the rules of the GENIUS Act.

“Both the stablecoins and their rewards are secured by our top-tier custody and security systems,” said an Anchorage spokesperson. This initiative allows institutions to optimize treasury management with flexibility. The rewards structure enables institutions to maintain capital efficiency while complying with regulatory standards.

The USDtb stablecoin is backed by short-term U.S. Treasuries, including BlackRock’s tokenized money market fund. Anchorage Digital aims to provide secure and regulated reward structures for its users. The rewards are offered through the newly created entity, Anchorage Digital Neo Ltd.

USDe Token Rewards Program

USDe, another token issued by Anchorage Digital, follows a similar rewards structure. Unlike USDtb, USDe holds spot crypto assets like Bitcoin and Ether. The USDe token is designed as a synthetic dollar and provides rewards to token holders in compliance with U.S. regulations.

The rewards for USDe holders are paid through Anchorage Digital Neo Ltd. This setup ensures that Anchorage Digital remains compliant with the GENIUS Act. By using this structure, Anchorage avoids violating the law that prohibits yield-bearing stablecoins.

“USDe provides a bridge between traditional finance and the crypto world,” said Guy Young, founder of Ethena Labs. He emphasized that stablecoins like USDe can deliver rewards while remaining compliant with financial regulations. This program marks a new approach to rewards distribution under U.S. law.

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