Coinbase

PayPal vs Bake

PayPal Logo

PayPal

PayPal is one of the first major U.S. fintech companies to launch its own regulated stablecoin, PYUSD, issued by Paxos and fully backed by U.S. dollar reserves. As of 2025, PayPal is expanding its crypto offerings to include earning interest on PYUSD...

Bake Logo

Bake

Bake is a blended staking, lending and yield platform that makes it easy to start experimenting with DeFi products within a centralized platform. Bake does support Dogecoin, as part of a liquidity mining pool. Bake Platform Assets Lending

Platform
PayPal Platform
Bake Platform
Bonus
$30 after $50 deposit
Token
PYUSD
DFI
Founded
1998
2019
Headquarters
San Jose, CA
Singapore
Availability
Worldwide
Non-us

Cryptocurrency Rates

BTC Rate
BTC Max
ETH Rate
ETH Max
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
4%
Stablecoin Max

Fees & Financial

Compounding
No
Yes
Payouts
Weekly
Fees
Yes
Lockup
None
None
Maker Fee
Taker Fee
PayPal Logo

PayPal Pros

No pros listed

PayPal Cons

No cons listed

Bake Logo

Bake Pros

  • Broad array of defi-like products and yield opportunities
  • Fully owned by both co-founders

Bake Cons

  • Products are more complex or require more lockup time than other platforms

Earn Interest on Crypto