PayPal has rolled out a new Savings Vault feature on Spark, offering 4.25% APY for PYUSD stablecoin holders. This move marks another step in the payments giant's expansion into decentralized finance, as both PayPal and the Spark platform aim to attract $1 billion in total deposits. The initiative reflects growing institutional interest in DeFi yield opportunities and the broader adoption of stablecoins as a bridge between traditional finance and crypto markets.
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ChainChef
· 14h ago
ngl 4.25% sounds like they're just warming up the kitchen... where's the real seasoning tho? $1B target feels half-baked when most defi protocols are already simmering way hotter than that
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NotGonnaMakeIt
· 12-16 15:53
PayPal is really getting serious now. A 4.25% return sounds pretty good... but honestly, with this APY, I'm still far from the financial freedom I dream of.
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MetaverseMortgage
· 12-16 15:49
4.25% APY sounds good, but I wonder how long PayPal's system will last.
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ForkInTheRoad
· 12-16 15:48
4.25%? That's okay, but if you're really going to invest 100 million... It's better to be cautious with PayPal.
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HashBrownies
· 12-16 15:48
4.25%? Traditional finance is offering this interest rate, and old Beiyeye is still YOLO-ing?
PayPal has rolled out a new Savings Vault feature on Spark, offering 4.25% APY for PYUSD stablecoin holders. This move marks another step in the payments giant's expansion into decentralized finance, as both PayPal and the Spark platform aim to attract $1 billion in total deposits. The initiative reflects growing institutional interest in DeFi yield opportunities and the broader adoption of stablecoins as a bridge between traditional finance and crypto markets.