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CryptoTeluguOct 16, 2025 at 10:47 am
minted 3X the global GDP & burnt it after 25min
They minted 300T $PYUSD by mistake
This space never fails to entertainAt 3:12 PM EST, Paxos mistakenly minted excess PYUSD as part of an internal transfer. Paxos immediately identified the error and burned the excess PYUSD. This was an internal technical error. There is no security breach. Customer funds are safe. We have addressed the root
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