The US Treasury Department accepts donations through Venmo and PayPal to repay national debt

According to Zhitong Finance, American citizens can now donate to the US Treasury Department through Venmo and PayPal to repay national debt. In the past 29 years, Americans have donated a total of $67.3 million, but it has almost no real impact on the current treasury bond of $36.7 trillion. According to Axios, Venmo's single donation limit is $999999.99. Even with this amount of donation, it needs to donate every 18 seconds to keep up with the growth rate of treasury bond. It is currently unclear when Venmo and PayPal donation options were added to the website.