16 October 2025

Paxos says it "mistakenly minted" $300T worth of PayPal's PYUSD stablecoin on Wednesday and "burned" the tokens a little over 20 minutes later (Ryan S. Gladwin/Decrypt)

Ryan S. Gladwin / Decrypt:
Paxos says it “mistakenly minted” $300T worth of PayPal's PYUSD stablecoin on Wednesday and “burned” the tokens a little over 20 minutes later  —  Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos …

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