PayPal offers 3.7% yield on its PYUSD stablecoin to boost adoption

PayPal is offering a 3.7% annual yield on its PYUSD PYUSD - $0.999565145667123 stablecoin to get more people using it, after falling behind in a space already dominated by other players. The rewards will go live this summer for PayPal and Venmo users in the U.S., Bloomberg reported on Wednesday.

Source: cryptopolitan.com

Related symbols: YLDUSD

2025-04-23 15:00:03 GMT.

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Price & Market Data

Price: $0.999565145667123

Volume 24h: $22,834,064.27

Market Cap: $899,240,328.36

Description

PayPal USD (PYUSD) is a cryptocurrency and operates on the Ethereum platform. PayPal USD has a current supply of 899,631,537.036002. The last known price of PayPal USD is 0.99951669 USD and is up 0.03 over the last 24 hours. It is currently trading on 117 active market(s) with $22,948,144.91 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.