--- title: SEC subpoenas PayPal over its USD-pegged stablecoin description: PayPal has received a subpoena from the Securities and Exchange Commission related to its USD-pegged stablecoin, PYUSD. This comes after PayPal launched the... canonical: https://daily.dev/posts/sec-subpoenas-paypal-over-its-usd-pegged-stablecoin-kbd7wpabp twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: SEC subpoenas PayPal over its USD-pegged stablecoin | daily.dev og:description: PayPal has received a subpoena from the Securities and Exchange Commission related to its USD-pegged stablecoin, PYUSD. This comes after PayPal launched the... og:url: https://daily.dev/posts/sec-subpoenas-paypal-over-its-usd-pegged-stablecoin-kbd7wpabp og:image: https://api.daily.dev/og/posts/kBD7WPaBp.png og:image:alt: SEC subpoenas PayPal over its USD-pegged stablecoin og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # SEC subpoenas PayPal over its USD-pegged stablecoin **[TechCrunch](https://daily.dev/sources/tc)** · 1 min read · 0 upvotes · 0 comments ## Summary PayPal has received a subpoena from the Securities and Exchange Commission related to its USD-pegged stablecoin, PYUSD. This comes after PayPal launched the stablecoin in August, becoming the first major U.S. financial institution to do so. Other tech companies have also faced regulatory scrutiny over their involvement with digital currencies. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: --- Tags: [#crypto](https://daily.dev/tags/crypto), [#paypal](https://daily.dev/tags/paypal), [#regulation](https://daily.dev/tags/regulation), [#stablecoin](https://daily.dev/tags/stablecoin) [View this post on daily.dev](https://daily.dev/posts/sec-subpoenas-paypal-over-its-usd-pegged-stablecoin-kbd7wpabp) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"SEC subpoenas PayPal over its USD-pegged stablecoin","url":"https://daily.dev/posts/sec-subpoenas-paypal-over-its-usd-pegged-stablecoin-kbd7wpabp","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/sec-subpoenas-paypal-over-its-usd-pegged-stablecoin-kbd7wpabp"},"datePublished":"2023-11-02T12:41:30.561Z","dateModified":"2024-02-20T02:13:25.689Z","description":"PayPal has received a subpoena from the Securities and Exchange Commission related to its USD-pegged stablecoin, PYUSD. This comes after PayPal launched the...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e5ede80d9ef8506b12a2049adb042b87?_a=AQAEufR","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e5ede80d9ef8506b12a2049adb042b87?_a=AQAEufR","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/sec-subpoenas-paypal-over-its-usd-pegged-stablecoin-kbd7wpabp","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"crypto,paypal,regulation,stablecoin","timeRequired":"PT1M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"SEC subpoenas PayPal over its USD-pegged stablecoin"}]} ```