SEC has terminated investigation into PayPal stablecoin PYUSD According to Cryptonews, the US Securities and Exchange Commission (SEC) has terminated its investigation into PayPal's stablecoin PYUSD and has not taken any enforcement action. In a document disclosed by PayPal on May 1st, it was stated that the SEC enforcement department notified the end of the investigation in February 2025 after issuing a document subpoena in November 2023.