-1.75% Bitcoin (BTC) 90200.2 EUR
-1.78% Ethereum (ETH) 2063.11 EUR
-1.18% Litecoin (LTC) 72.26 EUR
+2.59% B-Cash (BCH) 440.39 EUR
0.00% Ethereum (ETH) 0.0231492 BTC
+0.37% Litecoin (LTC) 0.00080901 BTC
+3.81% B-Cash (BCH) 0.00488638 BTC
-1.03% Bitcoin (BTC) 107565.0101 USDC
-0.73% USD Coin (USDC) 0.84 EUR
-1.75% Chainlink (LINK) 11.14 EUR
0.00% Chainlink (LINK) 0.00012398 BTC
-3.88% Dogecoin (DOGE) 0.13 EUR
-1.94% Dogecoin (DOGE) 0.0000015 BTC
-3.06% Uniswap (UNI) 5.96 EUR
-1.35% Uniswap (UNI) 0.00006615 BTC
-3.11% Cardano (ADA) 0.46 EUR
-1.13% Cardano (ADA) 0.00000521 BTC
-0.14% Tron (TRX) 0.23 EUR
+1.54% Tron (TRX) 0.00000264 BTC
-2.43% Shiba Inu (SHIB) 0.00000962 EUR
-7.95% Zcash (ZEC) 31.63 EUR
0.00% Zcash (ZEC) 0.0004242 BTC
0.00% TradeFlow (TFLOW) 0.12216892 BUSD
-8.28% Arbitrum (ARB) 0.3275 USDC
-1.40% Chainlink (LINK) 13.02 USD
-1.06% Chainlink (LINK) 13.01796 USDC
-2.11% Uniswap (UNI) 6.99 USDC
-2.50% Ondo (ONDO) 0.63 EUR
-2.50% Ondo (ONDO) 0.74481 USDC
-5.23% Gala (GALA) 0.01 EUR
-4.26% Gala (GALA) 0.01368 USDC
-1.79% Wormhole Token (W) 0.06 EUR
-0.55% Wormhole Token (W) 0.0714 USDC
-3.52% Chiliz (CHZ) 0.02 EUR
-2.86% Chiliz (CHZ) 0.0341 USDC
-2.69% Sand (SAND) 0.19 EUR
-1.88% Sand (SAND) 0.2334 USDC
-2.52% Aave (AAVE) 225.79 EUR
-2.12% Aave (AAVE) 266.01 USDC
+1.02% Curve DAO (CRV) 0.43 EUR
+1.40% Curve DAO (CRV) 0.5101 USDC
-5.61% Immutable X (IMX) 0.35 EUR
-4.66% Immutable X (IMX) 0.4241 USDC
0.00% Skale (SKL) 0.07 USDC
-4.70% Beam (BEAM) 0 EUR
-3.69% Beam (BEAM) 0.00546 USDC
0.00% Axelar (AXL) 1.05 USDC
-3.97% Livepeer Token (LPT) 5.11 EUR
-4.28% Livepeer Token (LPT) 6.015 USDC
-4.87% Compound (COMP) 35.91 EUR
-4.78% Compound (COMP) 42.34 USDC
0.00% Coti (COTI) 0.04 EUR
+1.42% Coti (COTI) 0.0499 USDC
0.00% Portal (PORTAL) 1.1 USDC
+0.93% Sushi (SUSHI) 0.49 EUR
+1.61% Sushi (SUSHI) 0.5852 USDC
+1.78% Pepe (PEPE) 0 EUR
+2.16% Pepe (PEPE) 0.00000945 USDC
+2.08% Optimism (OP) 0.45 EUR
0.00% Polygon (MATIC) 0.2 EUR
+3.56% Solana (SOL) 125.71 EUR
+5.31% Solana (SOL) 0.0013922 BTC
+3.83% Solana (SOL) 0.060805 ETH
+0.16% USD Coin (USDC) 0.72 GBP
0.00% USD Coin (USDC) 1 USDT
0.00% USD Coin (USDC) 145.58 JPY

PayPal faces SEC action related to PYUSD stablecoin: Report

11-02-2023

PayPal was the first large fintech firm to adopt digital currencies for payments and transfers after launching its stablecoin in August.

Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin.

The Enforcement division of the SEC has sent a subpoena to PayPal related to its PayPal USD 

PYUSD tickers down $1.00 stablecoin, the firm disclosed on Nov. 2, according to a report by Reuters.

The action comes about three months after PayPal launched its PYUSD stablecoin in early August. The stablecoin is issued by Paxos Trust and backed by U.S. dollar deposits, short-term Treasurys and similar cash equivalents. PYUSD is based on the Ethereum blockchain and is aimed at handling digital payments and Web3.

PayPal and Paxos did not immediately respond to Cointelegraph’s request for comment.

Source: Cointelegraph.