🚨#PAYPAL OFFERS 3.7% YIELD ON STABLECOIN
🔹PayPal will give 3.7% APY on PayPal USD (PYUSD) balances starting this summer.
🔹Rewards paid monthly, accrue daily
🔹Aims to drive stablecoin adoption on platform
🔹Comes as PYUSD mcap dips to $873M from $1B
🔹Regulatory concern: yield could make PYUSD a security
🔹PYUSD backed 1:1 by cash, T-bills; live on Ethereum & Solana
