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SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD

The U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal's dollar-backed stablecoin, PYUSD PYUSD - $0.999875291009698 opting not to pursue enforcement action, according to the company's latest 10-Q filing.

Source: cryptoslate.com

Related symbols: STABLEUSD

2025-04-30 09:15:02 GMT.

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Price & Market Data

Price: $0.999875291009698

Volume 24h: $16,535,320.31

Market Cap: $865,068,602.93

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.