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

The program is expected to launch this summer, and the rewards will also be paid out in PayPal USD (PYUSD). Users will be able to exchange PYUSD for fiat currency, spend it or send it to other users.

Jose Fernandez da Ponte, during a panel at Consensus 2025 in Toronto, stated that the key pillars sustaining stablecoins are ...

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.

Discover what crypto is and how it works. A cryptocurrency is a digital form of money. They are digital assets created to be used to pay for goods and services. Cryptocurrencies can be used as a ...

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 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 stock price has bounced back this month as American equities rebound and after its first-quarter financial results.

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 ...

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 ...