The stablecoin market, valued at $237 billion in April 2025 according to CoinGecko, is a cornerstone of digital finance, offering stability in a volatile crypto landscape.
PayPal, a global payments leader, is seizing this opportunity with a bold initiative: a 3.7% annual yield on its PayPal USD (PYUSD) stablecoin.
Announced on April 23, 2025, by PayPal, this program aims to boost PYUSD’s adoption, positioning it as a mainstream tool for payments and savings. With over 400 million active users, PayPal’s move could redefine how stablecoins are used.
Launched in August 2023, PYUSD is a US dollar-pegged stablecoin issued by Paxos Trust Company for PayPal. It maintains a 1:1 value with the dollar, backed by cash deposits, short-term US Treasuries, and similar assets, as detailed on PayPal’s help page.
Source: X
Initially an ERC-20 token on Ethereum, PYUSD expanded to Solana, enhancing its transaction speed and reach. Its market cap reached $1 billion in summer 2024 but
We współpracy z: https://www.thecoinrepublic.com/2025/04/25/paypal-to-push-pyusd-stablecoin-usage-with-3-7-yield-earnings/
