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Paxos Mints and Burns $300 Trillion PYUSD on Ethereum

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Ethereum

$4,056.44

-0.99%

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TL;DR

PayPal's PYUSD stablecoin, issued by Paxos, was accidentally minted in $300 trillion on Ethereum blockchain, becoming briefly the largest stablecoin in the world before being burned.

Summary

PayPal's PYUSD stablecoin, issued by Paxos, was accidentally minted in $300 trillion on Ethereum blockchain, becoming briefly the largest stablecoin in the world before being burned.

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By Squiffs

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