Odaily News PayPal will offer its PayPal USD (PYUSD) stablecoin to U.S. users with an annual return rate of 3.7%, with earnings accrued daily and paid monthly. The program is set to launch this summer and aims to increase the adoption of PYUSD. Reportedly, this move is one of PayPal's initiatives to enter the crypto assets space, as the company aims to establish new payment channels in this field. (CoinDesk)
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PayPal plans to offer a stablecoin PYUSD reward mechanism to users in the United States.
Odaily News PayPal will offer its PayPal USD (PYUSD) stablecoin to U.S. users with an annual return rate of 3.7%, with earnings accrued daily and paid monthly. The program is set to launch this summer and aims to increase the adoption of PYUSD. Reportedly, this move is one of PayPal's initiatives to enter the crypto assets space, as the company aims to establish new payment channels in this field. (CoinDesk)