Show 23 Posts

• 
  Lookonchain

  2025-10-16 10:45:44

  Paxos(

  @Paxos

  ) accidentally minted 300T $PYUSD 7 hours ago — they added six extra zeros by mistake! The error was quickly corrected as they burned the 300T $PYUSD and properly re-minted 300M $PYUSD instead. https://etherscan.io/token/0x6c3ea9036406852006290770bedfcaba0e23a0e8…

  

  

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• 
  Tola Joseph Fadugbagbe

  2025-10-16 07:48:28

  Paxos, the issuer of PayPal’s stablecoin $PYUSD, mistakenly minted $300 trillion worth of PYUSD tokens. The error was reversed within minutes. Paxos burned the excess tokens shortly afterward. Thoughts?

  

  

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• 
  Quinten | 048.eth

  2025-10-16 07:22:16

  PayPal’s PYUSD mints $300T on $ETH But according to Paxos this was an internal technical error. Paxos reports it mistakenly minted $300T $PYUSD and burned the excess PYUSD

  

  

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• 
  Jeremy

  2025-10-16 07:00:55

  The current total US public debt is ~ $37 Trillion What's stopping Trump from minting $37 Trillion worth of stablecoins to pay it off? Clearly nothing after what we saw with $PYUSD today That's the problem.

  

  

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• Cointelegraph

  2025-10-16 07:00:42

  NEW: Paxos just minted 300,000,000 $PYUSD.

  

  

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• 
  DEGEN NEWS

  2025-10-16 05:26:24

  NEW: PAXOS SAYS “AT 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” - FOLLOWING $300 TRILLION $PYUSD MINT AND BURN

  

  

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• 
  Yazan🇵🇸

  2025-10-16 05:20:41

  POV: If Paxos didn’t burn $PYUSD

  

  

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• 
  The Wolf Of All Streets

  2025-10-16 05:11:42

  PAXOS MINTS $300 TRILLION $PYUSD IN INTERNAL ERROR SAYS ISSUE WAS IDENTIFIED AND FIXED IMMEDIATELY, NO BREACH, CUSTOMER FUNDS SAFE

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