PayPal will begin offering a 3.7% annual yield on its stablecoin, PayPal USD (PYUSD), for U.S. users starting this summer.

PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and capture the growing stablecoin market.

The rewards will go live this summer for PayPal and Venmo users in the U.S., Bloomberg reported on Wednesday. People who hold PYUSD in their wallets will earn the 3.7% in more PYUSD, which they ...

PayPal is upping the ante in the stablecoin wars as it’s set to begin offering U.S. users 3.7% annual returns on balances of its PayPal USD (PYUSD) stablecoin. The yield, accrued daily and paid ...

PayPal has two big changes for PYUSD holders. You can expect a new rewards system for PYUSD stablecoin, PayPal's cryptocurrency that launched in 2023, and a new partnership with Coinbase ...

On April 24, Coinbase and PayPal said they had deepened their partnership to increase the adoption of the PYUSD stablecoin. PayPal wants to integrate PYUSD into more of its products to make payments ...

PayPal CEO Says 'Moving Quickly' To Bring Crypto, Stablecoin Benefits To Users — Fintech Giant Partners With Coinbase To Boost Solana-based PYUSD Fintech giant PayPal Holdings Inc. (NASDAQ ...

PayPal USD (PYUSD), without taking enforcement action, ending a regulatory chapter that began more than a year ago, the company said. "In November 2023, we received a subpoena from the U.S. SEC ...

PayPal's senior vice president of blockchain, crypto and digital currencies. The two companies also plan on partnering for future efforts to increase the adoption of stablecoins for payments and ...

Coinbase deepens PayPal partnership to drive PYUSD access and adoption. Bitcoin now viewed as a strategic asset alongside gold, says Coinbase exec. Learn the top momentum trading strategies for ...

PayPal USD (CRYPTO: PYUSD), easier to buy and use. Coinbase is one of the leading U.S. crypto exchanges, and PayPal is a major player in e-commerce and online payments. Stablecoins are ...