SEC Concludes Investigation Into PayPal Stablecoin
- The SEC concluded its investigation into PayPal’s stablecoin, PYUSD, without enforcement action.
- PayPal’s adjusted earnings per share for Q1 2025 were $1.33, exceeding expectations.
- Revenue for the quarter reached $7.79 billion, surpassing forecasts.
- PayPal’s transaction margin increased by 7% in Q1 2025.
- PYUSD’s market capitalization is over $880 million.
The SEC closed its inquiry into PYUSD with no action taken. PayPal reported a strong financial performance in Q1 2025, including an adjusted earnings per share of $1.33 and revenue of $7.79 billion.
Source (2.6)https://hodl.press/sec-concludes-investigation-into-paypal-stablecoin/?rand=24434
