Anchorage Digital Offers Rewards on USDtb and USDe

Anchorage Digital Bank is expanding access to USDtb, America’s first federally regulated stablecoin. Following a partnership with Ethena Labs, Anchorage Digital is now the sole issuer of USDtb. Clients can now mint, redeem, and collect rewards for holding USDtb on Anchorage Digital’s platform. Clients can also collect rewards for holding USDe, the synthetic dollar created by Ethena Labs.

‍“We’re setting the standard for how digital dollars can operate in a transparent and compliant way within the U.S. financial system. The launch of America’s first federally regulated stablecoin was a major milestone in building a trusted foundation. Now, with USDtb minting, redemptions, and stablecoin rewards available through Anchorage Digital, we’re accelerating the adoption of safe and trusted stablecoins at global scale.”
- Nathan McCauley, CEO and Co-Founder, Anchorage Digital

About USDtb and USDe 

• USDtb: America’s first federally regulated stablecoin, issued by Anchorage Digital Bank. USDtb is a stablecoin backed by high quality short duration treasury assets including BlackRock's BUIDL fund. Created with institutional adoption in mind, USDtb is designed to meet the highest standards for security and regulatory compliance.
• USDe: USDe is a synthetic dollar created by Ethena Labs. Unlike assets backed by fiat currency, USDe maintains its dollar peg using a "delta-neutral" strategy. This involves holding an asset (like Ether or Bitcoin) and taking a short position in a perpetual futures contract for the same asset.
  

Rewarding Participation

Clients can now collect rewards for holding USDtb and USDe with Anchorage Digital. With this addition, institutions gain more flexibility and confidence in their treasury management, particularly with USDtb.

“Anchorage Digital’s integration of minting, redemption, and rewards marks a major milestone for USDtb adoption. Together, we’re proving that stablecoins can deliver both rewards and regulatory integrity, a powerful combination that will define the next era of participation in digital assets.”
- Guy Young, Founder, Ethena Labs

Benefits for Anchorage Digital Clients

• Streamlined access to USDtb: Access the first federally regulated stablecoin, which has set the standard for institutional-grade stablecoins.‍
• Rewards on idle holdings*: Collect rewards for holding USDtb and USDe. No staking or lockups are required, so you can access your funds when you need them. Benefit from upside without compromising liquidity.‍
• Enhanced capital efficiency: Unlock new strategies by using your USDtb and USDe as collateral on the Anchorage Digital platform.

How to Get Started

Clients can mint, redeem, and trade USDtb (for other digital assets or USD) directly on the Anchorage Digital platform or via our trading desk. Clients can also access USDe through our trading desk by converting USD, stablecoins, and other digital assets into USDe.

Powering the next chapter of stablecoin innovation

By offering custody, issuance, settlement, and rewards from one trusted platform, Anchorage Digital is building the foundation for a secure, reward-bearing stablecoin ecosystem under federal oversight.

Get in touch with our team if you’re interested in USDtb or our stablecoin rewards program. Learn more about our comprehensive stablecoin issuance capabilities.

_{Custody, settlement, staking, and governance services are offered through Anchorage Digital Bank National Association (“Anchorage Digital Bank”). Digital asset trading services are provided by Anchorage Hold LLC (“Anchorage Hold”). A1 Ltd. is a principal trading business. Anchorage Services, LLC (“Anchorage Services”) is an NFA-registered introducing broker, NFA ID No. 0532710. Anchorage Digital Bank, Anchorage Hold, and Anchorage Services are not registered with the SEC or any state authority as a broker or dealer and are not authorized to engage in the business of the offer, sale, or trading of securities. Anchorage Digital services are offered to institutions and certain high net worth individuals in limited circumstances, and are not marketed to residents outside of the US. Certain trading services are designed and available only for institutions who meet eligibility requirements, including qualification as an Eligible Contract Participant (ECP) under the rules of the U.S. Commodity Futures Trading Commission. For institutions participating in custody, staking, or governance with Anchorage’s Singapore entity, those services are offered through Anchorage Digital Singapore Pte Ltd (“Anchorage Digital Singapore”). Anchorage Digital does not provide legal, tax, or investment advice or private banking services. Holdings of cryptocurrencies and other digital assets are speculative and involve a substantial degree of risk, including the risk of complete loss. There can be no assurance that any cryptocurrency, token, coin, or other crypto asset will be viable, liquid, or solvent. No Anchorage Digital communication is intended to imply that any digital asset services are low-risk or risk-free. Digital assets held in custody are not guaranteed by Anchorage Digital and are not subject to the insurance protections of the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC).}

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