Where and How to Stake PayPal USD (PYUSD)

Introduction

Staking PayPal USD can be a great option for those who want to hold PYUSD but earn yield in a safe way while contributing to the network. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Acquire PayPal USD (PYUSD) Tokens

   To stake PayPal USD, you need to own it. To get PayPal USD, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   Uphold	PayPal USD (PYUSD)	1
   YouHodler	PayPal USD (PYUSD)	1
   Kraken	PayPal USD (PYUSD)	1
   OKX	PayPal USD (PYUSD)	1
   Coinbase	PayPal USD (PYUSD)	1
   Bitget	PayPal USD (PYUSD)	1

   See all 29 prices

2. 2. Choose a PayPal USD Wallet

   Once you have PYUSD, you’ll need to choose a PayPal USD wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   YouHodler	PayPal USD (PYUSD)	Up to 12 APY

3. 3. Delegate Your PYUSD

   We recommend using a staking pool when staking PYUSD. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their PYUSD, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the PayPal USD network. You’ll be rewarded with PYUSD for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.