PayPal Introduces 3.7% Interest on its PYUSD Stablecoin

  • TL;DR PayPal will offer a 3.7% annual yield on PYUSD balances starting in the summer of 2025, with monthly payments in the same stablecoin. PYUSD is backed by cash and short-term Treasury bonds. It's also integrated into Ethereum, Solana, and has had support on Venmo since 2023.