The Paxos CEO attempted to reframe the minting incident as validation of blockchain technology’s transparency benefits.
In brief
Paxos mistakenly minted 300 trillion PYUSD tokens last week before burning them 24 minutes later in what the company on Wednesday called an “internal technical error” that never left its systems.
The Paxos co-founder said “the mistake was en… [3435 chars]
Source: Decrypt | Published: 2025-10-23T05:42:06Z
Credit: Decrypt
