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

PayPal Holdings Inc. said the US Securities and Exchange Commission has closed its inquiry into the company’s stablecoin without an enforcement action, according to the company’s latest quarterly ...

PayPal has two big changes for PYUSD holders. You can expect a new rewards system for PYUSD stablecoin, PayPal's ...

CNBC's Diana Olick joins 'Squawk Box' to discuss the state of the spring housing market. Bishop T.D. Jakes announced his ...

Fintech giant PayPal Holdings Inc. (NASDAQ:PYPL) said Tuesday it was committed to boosting cryptocurrency adoption, with a ...

Launched in 2023, PYUSD is issued by Paxos Trust and backed by reserves like U.S. Treasuries. Despite PayPal’s brand ...

The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.

PayPal is offering a 3.7% annual yield on its PYUSD stablecoin to get more people using it, after falling behind in a space ...

PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and ...

The move comes two days after Circle, a stablecoin partner of Coinbase, debuted a payment network challenging PayPal’s ...

The SEC has officially closed its investigation into PayPal's stablecoin PYUSD, opting not to pursue enforcement action.