SEC調查的PayPal的Pyusd Stablecoin，但沒有尋求執行訴訟

美國證券交易委員會（SEC）對PayPal（NASDAQ：PYPL）進行了調查。

The U.S. Securities and Exchange Commission (SEC) probe into PayPal's (NASDAQ:PYPL) U.S. dollar-backed stablecoin, PYUSD, has closed without any charges being filed, as disclosed by the company in a recent filing.

美國證券交易委員會（SEC）對PayPal（NASDAQ：PYPL）美元支持的Stablecoin Pyusd進行調查，未經該公司在最近的一份文件中透露的，沒有提出任何指控。

The investigation, which began in November 2023 with a subpoena demanding documents about the development and management of PYUSD, has now come to an end, paving the way for broader adoption of the stablecoin.

這項調查始於2023年11月，傳票要求有關Pyusd的發展和管理的文件，現在已經結束，為更廣泛的採用Stablecoin鋪平了道路。

"The staff of the Enforcement Division of the U.S. Securities and Exchange Commission has formally closed its inquiry into the company's stablecoin, PYUSD, without any further action being sought," PayPal said in the filing on April 29.

Paypal在4月29日的文件中說：“美國證券交易委員會執法部門的工作人員已正式關閉了對公司的穩定幣Pyusd的調查，而沒有尋求任何進一步的訴訟。”

The SEC's interest in PYUSD was part of a broader inquiry into the cryptocurrency sector, which has seen increased scrutiny from regulators in recent years. However, under its new leadership, the SEC seems to be reducing enforcement pressure on crypto firms.

SEC對PYUSD的興趣是對加密貨幣行業的廣泛調查的一部分，近年來，監管機構的審查增加了。但是，在新的領導下，SEC似乎正在減輕對加密貨幣公司的執法壓力。

In a sign of a changing regulatory attitude following years of heightened scrutiny, the agency has also closed investigations into Crypto.com, Robinhood Crypto, Coinbase (NASDAQ:COIN), and Gemini in recent months.

近幾個月來，該機構在經過多年的審查之後發生了不斷變化的監管態度，該機構還關閉了對Crypto.com，Robinhood Crypto，Coinbase（Nasdaq：Coin）和Gemini的調查。

"We are cooperating fully with the authorities in response to the request from the SEC for information related to the company's stablecoin, PYUSD," PayPal had said in February 2024.

貝帕爾在2024年2月說：“我們正在與當局完全合作，以應對美國證券交易委員會（SEC）的要求，以獲取與公司的穩定人Pyusd有關的信息。”

At the time, the company noted that it had not been notified of any pending legal action by the agency.

當時，該公司指出，該機構尚未通知其任何未決的法律訴訟。

The stablecoin, which launched in August, is currently ranked sixth among stablecoins with a market capitalization of nearly $880 million, according to CoinMarketCap. In comparison, Tether (USDT) and Circle's USD Coin (USDC) control the majority of the market, with Tether alone exceeding $148 billion in market cap.

根據CoinMarketCap的數據，該Stablecoin於8月推出，目前在Stablecoins中排名第六，市值近8.8億美元。相比之下，Tether（USDT）和Circle的USD Coin（USDC）控制了大部分市場，僅束縛的市值超過1480億美元。

PYUSD, which is redeemable 1:1 for U.S. dollars and said to be fully backed by a combination of U.S. dollar deposits, short-term U.S. Treasuries, and cash equivalents, has similar characteristics to major competitors. However, it has faced a slower uptake among users.

Pyusd的美元可兌換1：1，據說可以完全支持美元存款，短期美國國債和現金等價物的組合，具有與主要競爭對手相似的特徵。但是，它面臨用戶的吸收速度較慢。

Still, 2025 has seen positive momentum for the stablecoin. According to CoinGecko, the circulating supply of PYUSD has increased by 75% since January 1, signaling renewed interest in the asset. However, that figure remains 14% lower than its peak in August 2024, when supply briefly crossed the $1 billion mark.

儘管如此，2025年仍然對穩定的穩定勢頭保持積極的勢頭。據Coingecko稱，自1月1日以來，Pyusd的循環供應增長了75％，這表明對資產的利息更新了。但是，該數字仍比2024年8月的高峰低14％，當時供應短暫跨越了10億美元。

To encourage usage and generate interest in PYUSD, PayPal announced a loyalty reward program, offering a 3.7% annual yield to U.S. users who hold PYUSD in their accounts. This initiative, unveiled on April 23, aims to position PYUSD not just as a transactional stablecoin but also as a passive income tool.

為了鼓勵使用Pyusd並引起利息，PayPal宣布了忠誠度獎勵計劃，向持有Pyusd的美國用戶提供了3.7％的年收益率。該計劃於4月23日揭幕，旨在將Pyusd不僅定位為交易穩定性，還可以作為被動收入工具。

One day later, on April 24, PayPal revealed a strategic alliance with Coinbase, one of the largest U.S. bitcoin exchanges. The partnership aims to expand PYUSD's use cases and integrate the asset into Coinbase's infrastructure.

一天后的4月24日，PayPal透露了與美國比特幣交易所之一Coinbase的戰略聯盟。該合作夥伴關係旨在擴大PYUSD的用例，並將資產整合到Coinbase的基礎架構中。

"We are excited to drive new, exciting, and innovative use cases together with Coinbase and the entire cryptocurrency community, putting PYUSD at the center," said Alex Chriss, President and CEO of PayPal.

PayPal總裁兼首席執行官Alex Chriss說：“我們很高興能與Coinbase和整個加密貨幣社區一起推動新，令人興奮和創新的用例，將Pyusd放在中心。”

Strong Q1 2025 earnings coincided with the conclusion of the SEC probe. Reporting profits of $1.33 per share, PayPal largely surpassed analyst projections of $1.16. The company also reported sales of $7.8 billion, marking a 1% increase year-over-year.

強勁的Q1 2025收益與SEC調查的結論相吻合。貝寶（PayPal）報告每股1.33美元的利潤，在很大程度上超過了1.16美元的分析師預測。該公司還報告說，銷售額為78億美元，標誌著同比增長1％。

Besides strong financials, PayPal highlighted substantial share buyback activity, thereby demonstrating confidence in its long-term expansion plans.

除了強大的財務外，貝寶還強調了大量的股票回購活動，從而證明了對其長期擴張計劃的信心。

The coming months will be crucial in determining whether PYUSD can build on recent gains and transform from a fringe stablecoin to a serious contender. While the SEC's decision removes a major hurdle, user trust, utility, and platform adoption will ultimately decide PYUSD's future.

接下來的幾個月對於確定Pyusd是否可以基於最近的收益並將其從附帶的Stablecoin轉變為認真的競爭者至關重要。儘管SEC的決定消除了一個重大障礙，但用戶信任，公用事業和平台採用最終將決定Pyusd的未來。

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建議帖子的主題。

The post PayPal's PYUSD Stablecoin Now Clear of SEC Probe as Integration Efforts Heat Up appeared first on OpenChain.

貝寶（Paypal）郵報的pyusd stablecoin現在避免了SEC調查，因為集成努力加熱首先出現在開場白上。

The U.S. Securities and Exchange Commission (SEC) probe into PayPal's (NASDAQ:PYPL) U.S. dollar-backed stablecoin, PYUSD, has closed without any charges being filed, the company disclosed in a regulatory filing on Friday.

該公司在周五的監管文件中披露，美國證券交易委員會（SEC）對PayPal（NASDAQ：PYPL）美元支持的Stablecoin Pyusd的調查已關閉，沒有提出任何指控。

The investigation, which began in November 2023 with a subpoena demanding documents about the development and management of PYUSD, has now come to an end, paving the way for broader adoption of the stablecoin.

這項調查始於2023年11月，傳票要求有關Pyusd的發展和管理的文件，現在已經結束，為更廣泛的採用Stablecoin鋪平了道路。

"The staff of the Enforcement Division of the U.S. Securities and Exchange Commission has formally closed its inquiry into the company's stablecoin, PYUSD, without any further action being sought," PayPal said in the filing.

貝帕爾在備案中說：“美國證券交易委員會執法部門的工作人員已正式關閉了對公司的穩定者Pyusd的調查，而沒有尋求任何進一步的訴訟。”

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