PayPal and Coinbase have teamed up to eliminate trading fees for the stablecoin PayPal USD (PYUSD) on the Coinbase platform, aiming to enhance its adoption. Users can now trade PYUSD without fees and redeem it directly for USD, while PayPal plans to offer a 3.7% yield for PYUSD holders starting in 2025.
paypal ✓
coinbase ✓
+ pyusd
stablecoin ✓
trading-fees ✓