PayPal announced on April 23, 2025, that it will begin offering a 3.7% annual yield on its PayPal USD (PYUSD) balances for U.S. users, starting this summer. This initiative is designed to spur wider adoption and expand the usage of its stablecoin.
The move aims to capture a larger share of the growing stablecoin market by providing an attractive incentive for users to hold PYUSD. This yield will be paid in additional PYUSD, directly benefiting users who maintain balances.
This strategic offering positions PYUSD more competitively against other stablecoins and traditional financial products. It underscores PayPal's commitment to increasing the utility and appeal of its digital currency within its ecosystem.
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