[PayPal and Anchorage launch PYUSD rewards for institutions] Golden Finance reported that PayPal and Anchorage Digital are launching a new stablecoin rewards program specifically for institutional investors. Announced on August 22, the program will provide returns for PayPal USD (PYUSD) tokens held in Anchorage Digital custody solutions. The program is tailored for institutional clients, allowing them to earn returns from PYUSD tokens stored in Anchorage custody, including its self-custody wallet Porto. The program prioritizes security and keeps stablecoins in on-chain accounts. Neither PayPal nor Anchorage will pledge or lend assets to create rewards.