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.

PYUSD0.01%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ChainChefvip
· 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
Reply0
NotGonnaMakeItvip
· 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.
View OriginalReply0
MetaverseMortgagevip
· 12-16 15:49
4.25% APY sounds good, but I wonder how long PayPal's system will last.
View OriginalReply0
ForkInTheRoadvip
· 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.
View OriginalReply0
HashBrowniesvip
· 12-16 15:48
4.25%? Traditional finance is offering this interest rate, and old Beiyeye is still YOLO-ing?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)