PYUSD

SEC Ends PayPal Stablecoin Probe With No Enforcement Action

SEC Ends PayPal Stablecoin Probe With No Enforcement Action

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Securities and Exchange Commission (SEC) has concluded its 16-month-long investigation into PayPal’s USD stablecoin (PYUSD) as related regulation gains momentum in Congress and the financial watchdog loosens its grip on the crypto industry. SEC Drops PayPal’s Stablecoin Investigation PayPal has revealed […]

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PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

Payment giant PayPal is rolling out a new rewards initiative that will allow US users holding its PYUSD stablecoin to earn up to 3.7% interest annually, according to an April 23 statement. The program will begin this summer and be available across both PayPal and Venmo platforms. PYUSD reward program PYUSD is a US dollar-backed

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