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Paxos Accidentally Minted $300 Trillion of PayPal’s Stablecoin — Then Burned It

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TL;DR

Paxos, the company behind PayPal's stablecoin, mistakenly minted $300 trillion worth of the stablecoin before quickly burning it to rectify the error.

Summary

Paxos, the company behind PayPal's stablecoin, mistakenly minted $300 trillion worth of the stablecoin before quickly burning it to rectify the error.

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Full article content is available on the original source.

By Shalini Nagarajan
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