Paxos accidentally minted $300 trillion of PayPal’s stablecoin. It’s not clear how the firm made such …
Paxos
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For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial …
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Crypto Investment
Paxos Fat-Fingers $300T of PayPal’s PYUSD, Outpacing U.S. Dollar’s (USD) $2.4T Supply
by adminby adminOn Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin …
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The New York Department of Financial Services (NYDFS) confirmed today that Paxos, the issuer of PayPal …
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Blockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the PayPal …
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The accidental move briefly made PayPal’s PYUSD the largest stablecoin in the world before Paxos burned …