SEC Drops PayPal’s PYUSD Probe Without Enforcement

April 30, 2025

Catenaa, Wednesday, April 30, 2025-The US Securities and Exchange Commission (SEC) has ended its investigation into PayPal’s US dollar-backed stablecoin, PYUSD, without taking enforcement action, the company disclosed Tuesday. The inquiry stemmed from a 2023 subpoena related to the stablecoin’s issuance and operations. The payment company revealed in a Form 10-Q filing that the SEC […]