Payments giant PayPal is reportedly going to start offering customers yield on its proprietary stablecoin product.

PayPal and Venmo users will soon be able to earn yield on their stablecoin holdings, the company said Wednesday.

PayPal is offering a 3.7% annual yield on its PYUSD stablecoin to get more people using it, after falling behind in a space ...

Launched in 2023, PYUSD is issued by Paxos Trust and backed by reserves like U.S. Treasuries. Despite PayPal’s brand ...

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PayPal started listing crypto tokens for trading in 2020 The platform says it is adhering to the needs of its users PayPal, founded in 1998, acquired Venmo in 2013 ...

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