Buy. Hold. Earn Rewards. PayPal Unlocks Rewards for Holding PayPal USD
PayPal (NASDAQ: PYPL) has announced a new rewards program for its stablecoin PayPal USD (PYUSD), offering users a 3.7% annual reward rate for holding PYUSD in their PayPal or Venmo wallets. Set to launch in Summer 2025, the program allows users to:
- Earn daily rewards distributed monthly in PYUSD
- Use rewards for merchant payments, peer-to-peer transfers, and Xoom remittances
- Convert holdings 1:1 to fiat currency
- Trade for other cryptocurrencies
- Transfer to supported wallets on Ethereum and Solana blockchains
The program will be available to US users, excluding New York State at launch. While Venmo consumer accounts are eligible, Teen Accounts and Business Profile users cannot participate. PayPal maintains discretion to adjust the reward rate at any time.
PayPal (NASDAQ: PYPL) ha annunciato un nuovo programma di premi per la sua stablecoin PayPal USD (PYUSD), offrendo agli utenti un tasso di rendimento annuo del 3,7% per il possesso di PYUSD nei loro portafogli PayPal o Venmo. Il programma, che sarà lanciato nell'estate del 2025, permette agli utenti di:
- Guadagnare premi giornalieri distribuiti mensilmente in PYUSD
- Utilizzare i premi per pagamenti ai commercianti, trasferimenti peer-to-peer e rimesse tramite Xoom
- Convertire i fondi in valuta fiat con un rapporto 1:1
- Scambiare PYUSD con altre criptovalute
- Trasferire i fondi a portafogli supportati sulle blockchain Ethereum e Solana
Il programma sarà disponibile per gli utenti negli Stati Uniti, ad eccezione dello Stato di New York al momento del lancio. Sebbene gli account consumer Venmo siano idonei, gli account Teen e i profili Business non potranno partecipare. PayPal si riserva la facoltà di modificare il tasso di rendimento in qualsiasi momento.
PayPal (NASDAQ: PYPL) ha anunciado un nuevo programa de recompensas para su stablecoin PayPal USD (PYUSD), ofreciendo a los usuarios una tasa anual de recompensa del 3,7% por mantener PYUSD en sus billeteras de PayPal o Venmo. El programa, que se lanzará en el verano de 2025, permite a los usuarios:
- Ganar recompensas diarias distribuidas mensualmente en PYUSD
- Usar las recompensas para pagos a comerciantes, transferencias entre personas y remesas con Xoom
- Convertir los fondos a moneda fiat en una proporción 1:1
- Intercambiar por otras criptomonedas
- Transferir a billeteras compatibles en las cadenas de bloques Ethereum y Solana
El programa estará disponible para usuarios en Estados Unidos, excluyendo el estado de Nueva York al momento del lanzamiento. Aunque las cuentas de consumidor de Venmo son elegibles, las cuentas Teen y los perfiles empresariales no podrán participar. PayPal se reserva el derecho de ajustar la tasa de recompensa en cualquier momento.
PayPal (NASDAQ: PYPL)은 자사의 스테이블코인 PayPal USD (PYUSD)를 위한 새로운 리워드 프로그램을 발표했습니다. 사용자는 PayPal 또는 Venmo 지갑에 PYUSD를 보유할 경우 연 3.7%의 보상률을 받을 수 있습니다. 2025년 여름에 시작될 이 프로그램은 사용자에게 다음과 같은 혜택을 제공합니다:
- 일일 리워드를 PYUSD로 매월 분배받기
- 리워드를 상인 결제, 개인 간 송금, Xoom 송금에 사용하기
- 보유 자산을 1:1 비율로 법정화폐로 전환하기
- 다른 암호화폐와 거래하기
- 이더리움 및 솔라나 블록체인 지원 지갑으로 전송하기
이 프로그램은 미국 사용자에게 제공되며, 출시 시점에는 뉴욕 주는 제외됩니다. Venmo 일반 계정은 참여 가능하지만, 청소년 계정과 비즈니스 프로필 사용자는 참여할 수 없습니다. PayPal은 보상률을 언제든지 조정할 권리를 보유합니다.
PayPal (NASDAQ : PYPL) a annoncé un nouveau programme de récompenses pour sa stablecoin PayPal USD (PYUSD), offrant aux utilisateurs un taux de récompense annuel de 3,7 % pour la détention de PYUSD dans leurs portefeuilles PayPal ou Venmo. Prévu pour l'été 2025, le programme permet aux utilisateurs de :
- Gagner des récompenses quotidiennes distribuées mensuellement en PYUSD
- Utiliser les récompenses pour des paiements marchands, des transferts entre particuliers et des envois via Xoom
- Convertir leurs avoirs en monnaie fiduciaire au taux de 1:1
- Échanger contre d'autres cryptomonnaies
- Transférer vers des portefeuilles compatibles sur les blockchains Ethereum et Solana
Le programme sera disponible pour les utilisateurs américains, à l'exception de l'État de New York au lancement. Bien que les comptes consommateurs Venmo soient éligibles, les comptes Teen et les profils Business ne pourront pas participer. PayPal se réserve le droit d'ajuster le taux de récompense à tout moment.
PayPal (NASDAQ: PYPL) hat ein neues Belohnungsprogramm für seine Stablecoin PayPal USD (PYUSD) angekündigt, das den Nutzern eine jährliche Belohnungsrate von 3,7 % für das Halten von PYUSD in ihren PayPal- oder Venmo-Wallets bietet. Das Programm, das im Sommer 2025 startet, ermöglicht den Nutzern:
- Tägliche Belohnungen zu verdienen, die monatlich in PYUSD ausgezahlt werden
- Belohnungen für Händlerzahlungen, Peer-to-Peer-Überweisungen und Xoom-Überweisungen zu verwenden
- Bestände 1:1 in Fiat-Währung umzuwandeln
- Mit anderen Kryptowährungen zu handeln
- Überweisungen an unterstützte Wallets auf den Ethereum- und Solana-Blockchains zu tätigen
Das Programm wird für Nutzer in den USA verfügbar sein, mit Ausnahme des Bundesstaates New York beim Start. Während Venmo-Verbraucherkonten berechtigt sind, können Teen-Konten und Geschäftskonten nicht teilnehmen. PayPal behält sich das Recht vor, die Belohnungsrate jederzeit anzupassen.
- Introduction of 3.7% annual rewards program for PYUSD holdings
- Integration with existing PayPal merchant network for immediate spending utility
- Multiple use cases including merchant payments, remittances, and crypto conversions
- Daily reward accrual with monthly distribution
- Program excludes New York State users at launch
- Reward rate can be changed at PayPal's discretion
- availability - excludes Venmo Teen Accounts and Business Profiles
Insights
PayPal's new 3.7% PYUSD rewards program enhances its digital currency ecosystem while potentially increasing stablecoin adoption and transaction volumes.
PayPal's introduction of a
The program structure reveals PayPal's ecosystem-focused approach, as rewards can immediately be used within PayPal's merchant network, for peer-to-peer transfers, or international remittances through Xoom. This creates a closed-loop system that could potentially increase transaction activity within PayPal's platforms.
The daily accrual but monthly distribution model provides users with a visible accumulation of rewards while giving PayPal operational flexibility. Notably, the program includes several limitations - it will launch in Summer 2025, may exclude New York State users initially, and isn't available for Venmo Teen Accounts or Business Profiles.
This initiative aligns with CEO Alex Chriss's stated vision that "stablecoins have the power to reshape the future of commerce as the foundation for the next generation of payments." By expanding PYUSD functionality for cross-border transfers and vendor payments, PayPal is positioning its stablecoin for broader commercial applications beyond trading or holding.
PayPal's 3.7% PYUSD rewards program bridges traditional finance with cryptocurrency utility, leveraging its vast merchant network for enhanced stablecoin adoption.
PayPal's new rewards program for PYUSD creates a compelling use case for its stablecoin beyond simple transfers or trading. At a projected
The multi-blockchain support highlighted in the announcement - specifically Ethereum and Solana compatibility - demonstrates PayPal's commitment to blockchain interoperability. This approach allows users to leverage PYUSD across different blockchain environments while maintaining connection to PayPal's established payment infrastructure.
The announcement emphasizes practical applications including merchant payments, peer-to-peer transfers, and cross-border transactions - all areas where stablecoins can offer efficiency improvements over traditional payment methods. By enabling PYUSD for settlement of cross-border transfers and vendor payments, PayPal is targeting high-friction areas in existing financial services.
The program's structure - allowing users to opt in or out and easily convert back to USD - reduces adoption barriers by giving users flexibility and control. However, the program contains several limitations: the Summer 2025 launch timeframe, potential exclusion of New York users, and PayPal's explicit reservation of rights to change the reward rate at any time.
This reward program leverages PayPal's substantial merchant network and user base to address one of the persistent challenges in stablecoin adoption - creating compelling reasons for everyday users to hold and transact with digital currencies rather than simply trading them.
Users to receive
"At PayPal, we believe stablecoins have the power to reshape the future of commerce as the foundation for the next generation of payments. Combining this innovative technology with our expansive global network allows us to help all users thrive in the world economy," said Alex Chriss, President and CEO, PayPal. "Consumers and businesses use PYUSD today for commerce, crypto, peer-to-peer transfers and B2B payments. We're demonstrating our commitment to an innovative, commerce-ready ecosystem by enabling it for the settlement of cross border transfers, vendor payments and in the future for additional payment use cases like payouts and bill pay."
Users will receive
Highlights of the offering include:
- Commerce-Ready: All PYUSD – purchased and received - can be used seamlessly to fund payments within the PayPal and Venmo ecosystems. Consumers can buy, send, and spend PYUSD both domestically and internationally – giving users additional flexibility and choice in how they use it.
- Accrue Rewards Daily, Receive Rewards Monthly:
3.7% annual rewards rate2, awarded out in PYUSD the following month and added directly to the user's Cryptocurrencies Hub.
Users can opt into or opt out of the program at any time and redeem their PYUSD holdings for USD quickly and easily in their PayPal or Venmo Cryptocurrencies Hub.
1 Rewards for PYUSD may not be available to
2 Anticipated rate upon program launch. The PYUSD rewards rate will be determined at all times in PayPal's sole discretion and is not guaranteed. PayPal reserves the right to change the PYUSD rewards rate at any time. Program will be subject to terms and conditions available upon launch.
3 Only Venmo consumer accounts are eligible to receive rewards. Venmo Teen Accounts and Venmo Business Profile users are not eligible to participate in the program.
About PayPal USD (PYUSD)
PayPal USD is issued by Paxos Trust Company, a fully chartered limited purpose trust company. Paxos and its products – including expansion to new blockchains – are licensed to engage in Virtual Currency Business Activity by the
About PayPal
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com/ and https://investor.pypl.com/.
PYUSD IS NOT INSURED BY THE FDIC, SIPC, OR ANY OTHER PUBLIC OR PRIVATE INSURER, INCLUDING AGAINST CYBER THEFT OR THEFT BY OTHER MEANS. PAYPAL IS A FINANCIAL TECHNOLOGY COMPANY AND NOT A DEPOSITORY INSTITUTION. PYUSD, THE PYUSD REWARDS PROGRAM, AND YOUR CRYPTOCURRENCIES HUBS ARE NOT BANK DEPOSITS OR OTHER DEPOSIT ACCOUNTS. PAYPAL DOES NOT INTEND FOR PYUSD REWARDS TO CONSTITUTE A SECURITIES OFFERING AND PARTICIPATION IN THE LOYALTY PROGRAM IS NOT AN INVESTMENT IN A SECURITIES OFFERING.
PayPal, Inc. (NMLS ID #: 910457) is licensed to engage in Virtual Currency Business Activity by the
Contact: Media Relations, mediarelations@paypal.com
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SOURCE PayPal Holdings, Inc.
FAQ
What is the annual reward rate for holding PYUSD on PayPal and Venmo?
When will PayPal's PYUSD rewards program launch?
How can users spend their PYUSD rewards on PayPal?
Which Venmo accounts are eligible for PYUSD rewards?
Can New York residents participate in PayPal's PYUSD rewards program?
