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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 - $0.999515898573644 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: $0.999515898573644

Volume 24h: $22,688,372.64

Market Cap: $899,196,024.13

Description

PayPal USD (PYUSD) is a cryptocurrency and operates on the Ethereum platform. PayPal USD has a current supply of 899,631,537.036002. The last known price of PayPal USD is 0.99957877 USD and is up 0.02 over the last 24 hours. It is currently trading on 117 active market(s) with $24,925,595.89 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.