US Treasury Adds PayPal, Venmo for Debt Donations as Bitcoin Reserve Bill Stalls

The US Treasury has expanded its Gifts to Reduce the Public Debt program to accept PayPal and Venmo donations via Pay.gov, announced on April 26, 2026, though inflows remain trivial at ~$120,000 monthly versus $39 trillion debt and $88 billion monthly interest. Coverage evolved from initial reports on Venmo addition and stalled BITCOIN Act to include February's $30,000 donations and VanEck's projection of 36% debt reduction by 2050 via a 1 million BTC reserve. The BITCOIN Act, proposing sovereign Bitcoin purchases over five years, lingers in committee, sustaining a bullish narrative for Bitcoin amid policy uncertainty but with muted near-term market impact.