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US SEC quietly closes PayPal's PYUSD inquiry

When PayPal rolled out its own dollar-tied stablecoin, PYUSD PYUSD - $0.999840705403090 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: $0.999840705403090

Volume 24h: $16,334,753.19

Market Cap: $865,038,680.28

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.