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Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins

Summary by decrypt.co
A fat-finger mistake, or a hack? Crypto traders are confounded after $300 trillion worth of PayPal's PYUSD was minted and then burned.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

1 Articles

decrypt.codecrypt.co

Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins

A fat-finger mistake, or a hack? Crypto traders are confounded after $300 trillion worth of PayPal's PYUSD was minted and then burned.

·New York, United States
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decrypt.co broke the news in New York, United States on Wednesday, October 15, 2025.
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