SEC closes PYUSD case, aiding PayPal’s stablecoin. 75% supply surge, Coinbase partnership, and 3.7% yield spur growth.

The U.S. Securities and Exchange Commission (SEC) is closing its inquiry into the dollar-backed crypto asset issued by ...

"In February 2025, the SEC communicated it was closing this inquiry without enforcement action," PayPal Holdings Inc.

PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar ...

Fintech giant PayPal Holdings Inc. (NASDAQ:PYPL) said Tuesday it was committed to boosting cryptocurrency adoption, with a ...

The move comes two days after Circle, a stablecoin partner of Coinbase, debuted a payment network challenging PayPal’s ...

PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and ...

PayPal Holdings Inc. plans to offer rewards to its users on their holdings of its stablecoin, in a bid to encourage more ...

Launched in 2023, PYUSD is issued by Paxos Trust and backed by reserves like U.S. Treasuries. Despite PayPal’s brand ...

The U.S. Securities and Exchange Commission (SEC) has ended its investigation into PayPal’s dollar-backed stablecoin PYUSD ...

The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.

The SEC has officially closed its investigation into PayPal's stablecoin PYUSD, opting not to pursue enforcement action.