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

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 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.

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 is launching its own stablecoin: PayPalUSD (PYUSD). The company says the cryptocurrency token is “fully backed by U.S. dollar deposits” and can be bought or sold on PayPal’s app or ...

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 ...

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 ...