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

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

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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 ...

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

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PayPal remains about 80% below its all-time highs, as skepticism has crept in again after the recent steep decline. Learn ...

According to Bloomberg’s report, the firm’s latest offering will allow users to earn a 3.7% annual yield by simply holding their PYUSD in PayPal or Venmo wallets. The yield will be calculated daily ...

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 ...