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US SEC Ends PayPal's PYUSD Stablecoin Probe With No Enforcement Action

The Securities and Exchange Commission (SEC) has concluded its 16-month-long investigation into PayPal's USD stablecoin PYUSD PYUSD - $0.999875291009698 as related regulation gains momentum in Congress and the financial watchdog loosens its grip on the crypto industry.

Source: bitcoinist.com

Related symbols: STABLEUSD

2025-05-01 12:39:02 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.