SEC Closes PayPal Stablecoin Investigation Without Enforcement Action
The U.S. Securities and Exchange Commission has ended its probe into PayPal’s PYUSD stablecoin, issuing no enforcement action. The payments giant disclosed the closure in its Q1 2025 earnings report, noting full cooperation with the regulator’s document requests since the November 2023 subpoena.
Market observers view the resolution as a positive signal for regulated stablecoin development. PayPal’s compliance with the SEC inquiry demonstrates growing institutional willingness to navigate crypto regulatory frameworks—a potential catalyst for broader adoption.