Tag: PYUSD
PayPal faces SEC action related to PYUSD stablecoin: Report
Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding…
PayPal rolls out PYUSD stablecoin to Venmo users
Major United States-based payment processor PayPal has announced its PYUSD stablecoin is now available on Venmo. In…
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating…
PayPal’s PYUSD struggles with early adoption — Nansen
PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to…
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Although a clear regulatory framework for digital assets has yet to be established in the United States,…
PayPal stablecoin launch sparks wave of fake PYUSD tokens
Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens…