This summer, PayPal will begin offering a 3.7% annual yield on its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), to U.S. users. Rewards will be paid in PYUSD, accrue daily, and be distributed mon...
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PayPal is upping the ante in the stablecoin wars as it’s set to begin offering U.S. users 3.7% annual returns on balances of its PayPal USD (PYUSD) stablecoin.
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Payments giant PayPal's (PYPL) stablecoin PYUSD surpassed the $1 billion mark in market capitalization last week, CoinMarketCap shows.
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Digital assets company Paxos has laid off 65 people, or 20% of its staff, according to a report from Bloomberg.
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