PayPal Partners With Coinbase and Rolls Out Rewards System for PYUSD Holders

PayPal will roll out a new rewards program for its cryptocurrency, PYUSD, this summer. Affirm PayPal is shaking up the cryptocurrency space with two big changes, including a new rewards system and a new partnership with Coinbase for PYUSD stablecoin, PayPal's cryptocurrency that launched in 2023. The world of cryptocurrency is constantly evolving, but these changes could be important if you're holding PYSUD in your PayPal or Venmo wallet. Here's what the two announcements Thursday mean for your crypto earnings and what else you can expect from the online payment system. A new rewards system Starting this summer, PayPal will launch a new rewards system for anyone holding PYUSD stablecoin. You can earn rewards at 3.7% annually on stablecoin you keep in your PayPal or Venmo wallets, and you can continue to accrue rewards daily and be paid out monthly. The rewards will be directly added to your cryptocurrencies hub. You'll receive the annual boosted rewards in the form of PYUSD on Pa ... Read full article.