A fat-finger mistake, or a hack? Crypto traders are confounded after $300 trillion worth of PayPal’s PYUSD was minted and then burned.
Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos, the issuer behind the PayPal-branded PYUSD stablecoin, minted $300 trillion worth of the tokens on the Ethereum blockchain.
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Source: Decrypt | Published: 2025-10-15T19:47:43Z
Credit: Decrypt
