PayPal To Begin Offering Yield on PYUSD To Boost Stablecoin Use: Report

Payments giant PayPal is reportedly going to start offering customers yield on its proprietary stablecoin product. According to a new report by Bloomberg, PayPay is planning on offering rewards to users of their stablecoin PayPal USD PYUSD PYUSD - $0.999786531493300 as a means of increasing its usage.

Source: dailyhodl.com

Related symbols: STABLEUSD

2025-04-23 22:13:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $0.999786531493300

Volume 24h: $65,053,429.27

Market Cap: $3,874,887,377.77

Description

PayPal USD (PYUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. PayPal USD has a current supply of 3,827,883,560.144521. The last known price of PayPal USD is 0.99957839 USD and is down -0.02 over the last 24 hours. It is currently trading on 141 active market(s) with $73,700,548.64 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.