SEC调查的PayPal的Pyusd Stablecoin，但没有寻求执行诉讼

美国证券交易委员会（SEC）对PayPal（NASDAQ：PYPL）进行了调查。

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.

美国证券交易委员会（SEC）对PayPal（NASDAQ：PYPL）美元支持的Stablecoin Pyusd进行调查，未经该公司在最近的一份文件中透露的，没有提出任何指控。

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.

这项调查始于2023年11月，传票要求有关Pyusd的发展和管理的文件，现在已经结束，为更广泛的采用Stablecoin铺平了道路。

"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日的文件中说：“美国证券交易委员会执法部门的工作人员已正式关闭了对公司的稳定币Pyusd的调查，而没有寻求任何进一步的诉讼。”

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对PYUSD的兴趣是对加密货币行业的广泛调查的一部分，近年来，监管机构的审查增加了。但是，在新的领导下，SEC似乎正在减轻对加密货币公司的执法压力。

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.

近几个月来，该机构在经过多年的审查之后发生了不断变化的监管态度，该机构还关闭了对Crypto.com，Robinhood Crypto，Coinbase（Nasdaq：Coin）和Gemini的调查。

"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.

贝帕尔在2024年2月说：“我们正在与当局完全合作，以应对美国证券交易委员会（SEC）的要求，以获取与公司的稳定人Pyusd有关的信息。”

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

当时，该公司指出，该机构尚未通知其任何未决的法律诉讼。

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.

根据CoinMarketCap的数据，该Stablecoin于8月推出，目前在Stablecoins中排名第六，市值近8.8亿美元。相比之下，Tether（USDT）和Circle的USD Coin（USDC）控制了大部分市场，仅束缚的市值超过1480亿美元。

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的美元可兑换1：1，据说可以完全支持美元存款，短期美国国债和现金等价物的组合，具有与主要竞争对手相似的特征。但是，它面临用户的吸收速度较慢。

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.

尽管如此，2025年仍然对稳定的稳定势头保持积极的势头。据Coingecko称，自1月1日以来，Pyusd的循环供应增长了75％，这表明对资产的利息更新了。但是，该数字仍比2024年8月的高峰低14％，当时供应短暂跨越了10亿美元。

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.

为了鼓励使用Pyusd并引起利息，PayPal宣布了忠诚度奖励计划，向持有Pyusd的美国用户提供了3.7％的年收益率。该计划于4月23日揭幕，旨在将Pyusd不仅定位为交易稳定性，还可以作为被动收入工具。

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揭示了与美国比特币交易所最大的Coinbase结盟。该合作伙伴关系旨在扩大PYUSD的用例，并将资产整合到Coinbase的基础架构中。

"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总裁兼首席执行官Alex Chriss说：“我们很高兴能与Coinbase和整个加密货币社区一起推动新，令人兴奋和创新的用例，将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.

强劲的Q1 2025收益与SEC调查的结论相吻合。贝宝（PayPal）报告每股1.33美元的利润，在很大程度上超过了1.16美元的分析师预测。该公司还报告说，销售额为78亿美元，标志着同比增长1％。

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

除了强大的财务外，贝宝还强调了大量的股票回购活动，从而证明了对其长期扩张计划的信心。

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.

接下来的几个月对于确定Pyusd是否可以基于最近的收益并将其从附带的Stablecoin转变为认真的竞争者至关重要。尽管SEC的决定消除了一个重大障碍，但用户信任，公用事业和平台采用最终将决定Pyusd的未来。

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

贝宝（Paypal）邮报的pyusd stablecoin现在避免了SEC调查，因为集成努力加热首先出现在开场白上。

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.

该公司在周五的监管文件中披露，美国证券交易委员会（SEC）对PayPal（NASDAQ：PYPL）美元支持的Stablecoin Pyusd的调查已关闭，没有提出任何指控。

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.

这项调查始于2023年11月，传票要求有关Pyusd的发展和管理的文件，现在已经结束，为更广泛的采用Stablecoin铺平了道路。

"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.

贝帕尔在备案中说：“美国证券交易委员会执法部门的工作人员已正式关闭了对公司的稳定者Pyusd的调查，而没有寻求任何进一步的诉讼。”

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