Crypto
SEC Closes Inquiry into PayPal's PYUSD, Clearing Path for Its Stablecoin
The SEC has terminated its investigation into PayPal's dollar-pegged stablecoin, PYUSD, signaling a positive development for the company's stablecoin strategy.
Recent in
The SEC has terminated its investigation into PayPal's dollar-pegged stablecoin, PYUSD, signaling a positive development for the company's stablecoin strategy.
The SEC has officially concluded its probe into PayPal's stablecoin, PYUSD, without any enforcement actions, revealed in a recent regulatory filing.
The initiative aims to enhance utilization of PayPal's stablecoin amidst intense competition.
PayPal is expanding its stablecoin to support global payments, significantly aiding small-to-medium merchants in their transactions.
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