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US SEC quietly closes PayPal's PYUSD inquiry

When PayPal rolled out its own dollar-tied stablecoin, PYUSD PYUSD - $0.999555898925020 back in August 2023, it was ready to compete with the likes of Tether and Circle, only for the US Securities and Exchange Commission to start probing the company for issuing the stablecoin.

Source: invezz.com

Related symbols: STABLEUSD

2025-04-30 14:40:04 GMT.

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Price & Market Data

Price: $0.999555898925020

Volume 24h: $22,691,445.29

Market Cap: $899,232,009.70

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 0.99953923 USD and is up 0.01 over the last 24 hours. It is currently trading on 117 active market(s) with $22,766,587.28 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.