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PayPal to Pay 3.7% Annual Yield on Stablecoin PYUSD to Encourage Broader Use
Launched in 2023, PYUSD is issued by Paxos Trust and backed by reserves like U.S. Treasuries. Despite PayPal’s brand recognition, PYUSD’s market share remains small — about $868 million — compared to market leader Tether’s $143 billion USDT, according to RWA.xyz data.
PayPal has two big changes for PYUSD holders. You can expect a new rewards system for PYUSD stablecoin, PayPal's ...
Recent expansion efforts highlight the partnership between PayPal Holdings (NasdaqGS:PYPL) and Coinbase Global to advance the ...
The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.
Coinbase is waiving transaction fees on PayPal’s stablecoin, PYUSD, and enabling direct redemption into U.S. dollars.
Top US-based crypto exchange by trading volume Coinbase has joined forces with digital financial services giant PayPal to ...
PayPal Holdings Inc. plans to offer rewards to its users on their holdings of its stablecoin, in a bid to encourage more ...
The collaboration between Coinbase and PayPal allows users to transfer or exchange PYUSD and USD without any fees. All ...
Coinbase will offer 1:1 PYUSD to USD conversions with no platform fees as part of this extended agreement. Users can buy, ...
PayPal's transformation with AI, crypto, and more vs. Adyen's growth via smart payment routing. Click to find out which is a ...
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