PayPal Unveils 3.7% Rewards for PYUSD Holders

PayPal has introduced a new rewards program, offering users holding its stablecoin, PYUSD, a 3.7% interest rate. This move aims to increase user engagement and adoption of PYUSD within the PayPal platform. The initiative builds on PayPal’s ongoing efforts to integrate cryptocurrency into everyday payments, providing users with an incentive to hold and use PYUSD for transactions. PYUSD is designed for seamless digital payment experiences. This rewards program marks a significant step in how digital currencies can be used for financial transactions.