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The U.S. SEC has closed its investigation into PayPal’s PYUSD stablecoin without enforcement action, signaling regulatory relief for the fintech giant. The decision aligns with broader legislative efforts to clarify stablecoin oversight. PayPal’s stablecoin strategy gains momentum as regulatory uncertainty eases.
- SEC closes PYUSD probe without enforcement, easing regulatory concerns for PayPal and Paxos.
- PYUSD’s exemption may advance the GENIUS Act, a bill proposing dedicated stablecoin rules.
- PayPal plans to expand PYUSD use for small-business payments in 2025, bypassing traditional card networks.
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