PayPal's PYUSD Cleared by SEC Amid Stablecoin Boom

The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into PayPals stablecoin, PayPal USD PYUSD PYUSD - $0.999782806828435 without pursuing enforcement action. This brings a regulatory chapter to an end that began in November 2023, when the SEC issued a subpoena requesting documents related to PYUSD PYUSD - $0.999782806828435

Source: tokenpost.com

Related symbols: STABLEUSD

2025-05-01 23:17:01 GMT.

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Price & Market Data

Price: $0.999782806828435

Volume 24h: $16,333,766.94

Market Cap: $864,988,587.79

Description

PayPal USD (PYUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. PayPal USD has a current supply of 865,176,498.221941. The last known price of PayPal USD is 0.99996373 USD and is up 0.00 over the last 24 hours. It is currently trading on 119 active market(s) with $15,122,761.78 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.