PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

Payment giant PayPal is rolling out a new rewards initiative that will allow US users holding its PYUSD stablecoin to earn up to 3.7% interest annually, according to an April 23 statement. The prog...

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PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

Source: CryptoSlate

Payment giant PayPal is rolling out a new rewards initiative that will allow US users holding its PYUSD stablecoin to earn up to 3.7% interest annually, according to an April 23 statement. The program will begin this summer and be available across both PayPal and Venmo platforms. PYUSD reward program PYUSD is a US dollar-backed […]

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