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.

PayPal and Coinbase have announced an expanded partnership aimed at growing the use of PayPal USD (PYUSD), their U.S. dollar-backed stablecoin. As part of the collaboration, Coinbase users can now ...

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

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 ...

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 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 ...

with a particular emphasis on its PayPal USD PYUSD/USD stablecoin. What Happened: During the company’s first-quarter earnings call, CEO Alex Chriss said PayPal was “making strides” 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 ...