PayPal’s PYUSD Rewards Program Goes Live with Arbitrum Expansion – Here’s Why It Matters

PayPal just dropped a crypto bombshell—its PYUSD rewards program is now live, and it's breaking into Arbitrum's scaling ecosystem. This isn't your grandpa's loyalty points scheme.

Why Arbitrum? Faster, cheaper transactions—something PayPal's legacy rails could only dream of. The move signals a quiet admission: even fintech giants need blockchain's firepower.

Watch out for the 'rewards' fine print—because nothing says 'decentralization' like corporate-controlled incentive programs. But hey, at least they're trying.

PayPal’s eligibility terms for the PYUSD Rewards programme

In order to be eligible to receive PYUSD rewards, the user must own a Cryptocurrencies Hub account without a negative balance. The user’s balance account also must not have any funds on hold, limitations or restrictions.

Holders of a Business Cryptocurrencies Hub may also participate in the PYUSD Rewards Program, as long as the account does not have a negative balance or any of the aforementioned restrictions that apply for a regular Cryptocurrencies Hub.

In the blogpost, the U.S.-based payment firm also warned users that PYUSD is issued by Paxos. Therefore, it follows the terms and conditions linked to Paxos, not PayPal. Meanwhile, the payment firm may choose to stop supporting the USD-pegged stablecoin at any time with prior notice.

However, it is not obligated to provide users with a notice to terminating support of PYUSD as a crypto Asset.

“You must sell or transfer to an external digital asset wallet any PYUSD token in your Cryptocurrencies Hub that PayPal has communicated it will no longer support,” wrote the payment firm in its statement.