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CryptoTelugu2025-10-16 10:47:47
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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Lookonchain2025-10-16 10:45:44
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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