Anchorage Digital Unveils USDtb Rewards Program for Institutional Holders Under GENIUS Act Framework

Anchorage Digital Bank, a federally chartered crypto bank, is preparing to roll out a rewards program for USDtb and USDe tied to idle holdings on its institutional platform, enabling yield without staking. The program is issued by Anchorage Digital Neo Ltd., a distinct entity from the bank, which helps the group operate under the GENIUS Act. This framework restricts stablecoin issuers from paying interest directly to users, preserving regulatory boundaries while offering institutional access to passive income on stablecoins.

Anchorage frames the initiative as self-funded and security-first, with the custody system touted as industry-leading to protect the underlying assets and accompanying rewards. By separating the reward program from the bank, Anchorage aims to deliver greater capital efficiency for institutions while maintaining robust risk management and regulatory alignment, supporting liquidity management and strategy execution for large asset holders.