Anchorage Digital, a crypto bank, will lay off 75 employees (20% of its staff) due to regulatory uncertainty and crypto market volatility. The move is a strategic realignment to focus resources, according to the company.

#AnchorageDigital #crypto2023 #cryptonews

**Breaking News:** 📤 Three new addresses associated with Anchorage Digital, a cryptocurrency custody and banking company, have withdrawn 2.43 million IMX ($5.88 million) from Binance. 🏦💰 #CryptocurrencyWithdrawal #AnchorageDigital

PayPal Teams Up with Anchorage for PYUSD Stablecoin Rewards Program !!

PayPal and Anchorage Digital are launching a stablecoin rewards program for PayPal USD (PYUSD), offering yield without staking or lending. The program targets institutional clients and aims to boost PYUSD adoption.

The stablecoin has recently grown significantly, surpassing USDD in market cap.

#paypal #AnchorageDigital #Write2Earn! #wifhatdog #writetowin

PayPal and Anchorage launch stablecoin rewards program for PYUSD

#PayPal and #AnchorageDigital are collaborating on a rewards program for the PayPal USD PYUSD #stablecoin . This initiative will offer yield on $PYUSD tokens held in Anchorage's #Porto wallet or PayPal's system, without involving staking or lending. Aimed at institutional clients, the program intends to foster #PYUSD adoption. Recently, PYUSD's supply increased significantly, surpassing some competitors in market capitalization.