Pyusd

PayPal Puts PYUSD to Work: 3.7% Yield Coming This Summer
PayPal Puts PYUSD to Work: 3.7% Yield Coming This Summer

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...

Last updated 3 mins ago

PayPal to Pay 3.7% Annual Yield on Stablecoin PYUSD to Encourage Broader Use
PayPal to Pay 3.7% Annual Yield on Stablecoin PYUSD to Encourage Broader Use

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.

Last updated 3 mins ago

PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana

Payments giant PayPal's (PYPL) stablecoin PYUSD surpassed the $1 billion mark in market capitalization last week, CoinMarketCap shows.

Last updated 3 mins ago

Paxos Cuts 20% of Staff: Bloomberg
Paxos Cuts 20% of Staff: Bloomberg

Digital assets company Paxos has laid off 65 people, or 20% of its staff, according to a report from Bloomberg.

Last updated 3 mins ago