Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened
In an unexpected and almost surreal incident, Paxos, the issuer behind PayPal’s PYUSD stablecoin, mistakenly minted 300 trillion PYUSD — yes, with a “T” — earlier today after adding six extra zeros to the intended transaction. The blunder was swiftly corrected as Paxos burned the excess tokens and reissued the correct amount of 300 million… Continue reading Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened