PayPal is set to launch a PYUSD savings vault on its Spark platform, designed to offer stablecoin users an annual yield of 4.25%. This vault leverages the Sky Savings Rate and aims to attract deposits, significantly boosting the use of PYUSD.
In the PYUSD savings vault, 90% of the funds will be directed towards yield-generating investments, while 10% will ensure liquidity. The current portfolio includes stablecoins, crypto lending, corporate bonds, and U.S. Treasury bonds.
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