Paxos accidentally minted $300 trillion in PYUSD, about 2.5 times global GDP. The error cost only $2.66 in gas fees, exposing ...

A blunder by stablecoin issuer Paxos briefly sent the market cap of PayPal USD (PYUSD) to $300 trillion, exceeding global GDP.

Paxos mistakenly minted $300 trillion worth of PayPal USD (PYUSD) during an internal transfer error. The amount was nearly ...

Paxos mistakenly minted $300 trillion of PayPal’s stablecoin before burning the excess, marking one of the biggest on-chain ...

Before Paxos called the move an “internal technical error,” crypto users speculated what was behind a 300 trillion PYUSD mint ...

PayPal's blockchain partner Paxos announced it accidentally minted $300 trillion in stablecoin Wednesday as part of what it ...

On Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin on ...

Paxos’ $300 trillion PYUSD minting error exposes critical flaws in stablecoin safeguards and proof-of-reserve systems.

The company said it mistakenly minted the coins – worth more than double the entire world’s GDP – during an internal transfer ...

Paxos mistakenly minted $300 trillion PYUSD due to a technical error, burned it in minutes, and confirmed no user funds were ...

PayPal (NASDAQ:PYPL) has warmly embraced crypto by enabling purchases via crypto, offering digital wallets, and creating its ...

PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the most undervalued financial stocks to buy according to Wall Street analysts.