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Paxos unveils USDH Proposal V2, PayPal and Venmo join ecosystem
Summary: According to reports, the USDH Proposal V2 has received integration into the PayPal and Venmo ecosystems, as well as $20 million in incentive support. The initial APY incentive rate is set at 20%, increasing with TVL growth. Paxos earnings will commence once USDH TVL exceeds $1 billion, with a maximum earnings cap of 5%.
According to reports, the USDH Proposal V2 has received integration into the PayPal and Venmo ecosystems, as well as $20 million in incentive support. The initial APY incentive rate is set at 20%, increasing with TVL growth. Paxos earnings will commence once USDH TVL exceeds $1 billion, with a maximum earnings cap of 5%.
