PayPal announces partnership with crypto bank Anchorage Digital to offer stablecoin rewards

Odaily News To increase adoption, PayPal announced a partnership with Anchorage Digital, the only US cryptocurrency company with a banking license, to offer rewards to Anchorage Digital's user base of qualified investors who hold PYUSD in its US bank, Singapore subsidiary, or through its non-custodial wallet Porto. Anchorage Digital said that PYUSD and the rewards program do not constitute a securities offering and are not under the jurisdiction of banking regulators. (Fortune)