Enrollment
The enrollment process must be completed by an administrator of the organization through the web dashboard.Self-enrollment
Configure accounts and wallets
You will be directed to configure your accounts and wallets. If you do not see the accounts immediately, refresh your browser. Click the pencil icon next to Pending configuration to select the vault and wallet address where you would like to receive rewards.
Select vault and wallet per asset
For each eligible asset, select the vault and wallet where you would like to receive rewards. If you do not have an existing wallet address, you will be prompted to create one first using the creating a deposit address instructions.
You can enroll in the stablecoin rewards program even if you do not currently hold eligible stablecoins. Rewards will begin accruing after you deposit eligible stablecoins into your configured account.
Updating your configuration
You can change your configuration settings at any time, even after enrolling in the program.Open the configuration
Click the pencil icon next to Pending configuration to open the configuration settings.
Rewards rates
The following terms are incorporated by reference into the Anchorage Digital Neo Program Terms & Conditions. Anchorage Digital Neo, Ltd. (“Program Administrator”) reserves the right to update these terms at any time upon notice. Terms not defined in this documentation have the same meaning as defined in the Terms.
General program methodology
Rewards are tiered by total eligible digital asset balance (USD value). Each tier’s Annual Rewards Rate (ARR) is expressed as the Effective Federal Funds Rate (EFFR) minus a spread.- Reference rate: Effective Federal Funds Rate (EFFR) as published daily by the Federal Reserve Bank of New York at newyorkfed.org
- Balance calculation: Eligible balances are calculated in USD using closing prices from CryptoCompare.com at the close of each day (UTC), or from other reliable third-party pricing sources at the Program Administrator’s discretion.
- Reward calculation:
Eligible balance × (Annual Rewards Rate ÷ 365) - Minimum eligible balance: $0
USDG rewards tiers
Effective Date: January 14th — Reference EFFR used for examples: 3.87%| Eligible balance (USD) | Annual Rewards Rate | Example ARR at EFFR |
|---|---|---|
| Less than $1M | EFFR − 1.83% | 1.81% |
| EFFR − 1.63% | 2.01% | |
| EFFR − 1.43% | 2.21% | |
| EFFR − 1.33% | 2.31% | |
| ≥ $10M | EFFR − 1.23% | 2.41% |
PYUSD rewards tiers
Reference EFFR used for examples: 3.64%| Eligible balance (USD) | Annual Rewards Rate | Example ARR at EFFR |
|---|---|---|
| Less than $1M | EFFR − 1.33% | 2.31% |
| EFFR − 0.83% | 2.81% | |
| EFFR − 0.63% | 3.01% | |
| EFFR − 0.43% | 3.21% | |
| ≥ $10M | EFFR − 0.33% | 3.31% |
USDtb and USDe historical rates
USDtb and USDe follow a different rate-setting model. Rates are updated on the 10th of the following month (for example, November rates are updated by December 10).| Period | USDtb Annual Rewards Rate | USDe Annual Rewards Rate |
|---|---|---|
| May 2026 | TBA | TBA |
| April 2026 | 3.23% | 2.88% |
| March 2026 | 3.18% | 2.80% |
| February 2026 | 3.27% | 2.88% |
| January 2026 | 3.33% | 3.78% |
| December 2025 | 3.45% | 3.52% |
| November 2025 | 3.65% | 3.20% |
No specific rate or range of rates is guaranteed, and rates are subject to change at any time without notice.