Stablecoin Showdown: SEC Ends Inquiry into PayPal!

In the heart of the American financial sector, the SEC recently concluded its investigation into PayPal's USD stablecoin, PYUSD, without any enforcement action. This news may surprise enthusiasts in the bustling crypto industry, where only the swiftest fish swim upstream. Despite the reprieve, PYUSD struggles against titans like Tether and Circle. Recent growth, fortified by alliances such as the Coinbase partnership, seeks to bolster PYUSD's position. Let's see if the government's reprieve lets this stablecoin flourish in a crowded digital ocean.