🚨 The U.S. Securities and Exchange Commission (SEC) has suspended its investigation into PayPal's stablecoin known as $PYUSD.

🔹 This means:

There are no charges or regulatory remarks against PayPal regarding this currency.

PayPal is free to continue developing and using $PYUSD without legal obstacles from the SEC at this time.

✅ Importance of the news:

It enhances confidence in $PYUSD as a legitimate and regulatory-safe stablecoin project.

A positive step towards greater adoption of stablecoins by major financial companies.#BTCRebound #StablecoinPayments