Earn up to
12% APY
An in-depth guide on how to stake PayPal USD (PYUSD)
We have a lot of data on staking PayPal USD (PYUSD) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
PayPal USD (PYUSD) is currently priced at $12 with a 24-hour trading volume of $18.58M. The market cap of PayPal USD stands at $523.59M, with 523.63M PYUSD in circulation. For those looking to buy or trade PayPal USD, YouHodler offers avenues to do so securely and efficiently}
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 little daunting, especially the first time you do them. That's why we've put this guide together for you.
In order to stake PayPal USD, you need to have it. To obtain PayPal USD, you'll need to purchase it. You can choose from these popular exchanges.
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 |
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.
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.
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
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