SEC Closes PayPal Stablecoin Probe with No Action The Securities and Exchange Commission (SEC) recently announced the closure of its investigation into PayPal’s stablecoin, PYUSD, with no further action to be taken. This decision comes in the wake of PYUSD experiencing a significant 75% rise in supply throughout the course of this year. The surge […]
PayPal Integrates PYUSD Stablecoin for Seamless Transactions
In a significant move for the world of digital finance, PayPal has announced the completion of its first business payment using its newly launched stablecoin, PYUSD, to Ernst & Young. This groundbreaking transaction underscores the growing acceptance of stablecoins in corporate finance, paving the way for faster, more reliable payment methods. Launched just over a […]