Paxos’ accidental $300 trillion mint of PYUSD being quickly flagged by crypto pundits shows how blockchain offers a level of transparency that banks can’t offer.
Paxos’ accidental minting of $300 trillion PYUSD on Wednesday, while undoubtedly concerning, serves as a case study as to why blockchain could shine in traditional banking.
On Wednesday, Paxos mistakenly minted $300 trillion worth of the PayPal USD (… [2972 chars]
Source: Cointelegraph | Published: 2025-10-16T04:47:38Z
Credit: Cointelegraph