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The U.S. regulator has ended its investigation into PayPal’s stablecoin, as Congress advances efforts to regulate the sector.

The request for proposal will be developed by Acting Superintendent Allan Mucerino. He told trustees that now is “beyond” the best time to begin a search to have someone on board July 1. He said the ...

PayPal has said the SEC has dropped its investigation of PYUSD. The decision offers another insight into the current SEC’s ...

Stablecoins are a significant force in the crypto world. According to CEX.IO, stablecoin transfer volume reached $27.6 trillion in 2024 -- more than the combined volume of Visa and Mastercard.

PayPal is making headlines once again, this time with a financial feature that could directly impact the way Suffolk ...

PayPal has been cleared by the SEC after a two-year investigation into its stablecoin operations, with the regulator closing ...

PayPal is upping the ante in the stablecoin wars as it’s set to begin offering U.S. users 3.7% annual returns on balances of its PayPal USD (PYUSD) stablecoin. The yield, accrued daily and paid ...

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

It will be paid in the PayPal USD stablecoin (PYUSD) on their holdings of the same token. The rewards will be available to use for transacting with other users on the platform, funding ...