Paxos、PYUSD 和 300 萬億美元的 Oops：發生了什麼？

Paxos 意外鑄造了 300 萬億美元 PYUSD！看看其後果、快速解決方案以及為什麼它對穩定幣監管很重要。係好安全帶，加密貨幣變得瘋狂！

Paxos, PYUSD, and a $300 Trillion Oops: What Happened?

Paxos、PYUSD 和 300 萬億美元的 Oops：發生了什麼？

Imagine accidentally printing enough money to pay off the entire US national debt... several times over. That's essentially what happened when Paxos, the infrastructure provider for PayPal's PYUSD stablecoin, inadvertently minted 300 trillion PYUSD on October 15, 2025. But before you start picturing yourself swimming in stablecoins, here's the lowdown.

想像一下，不小心印了足夠多的錢來償還整個美國國債……好幾倍。這基本上就是 2025 年 10 月 15 日 PayPal PYUSD 穩定幣的基礎設施提供商 Paxos 無意中鑄造了 300 萬億 PYUSD 時所發生的情況。但在您開始想像自己暢遊穩定幣之前，先了解一下真相。

The Accidental Minting: A Quick Breakdown

意外鑄幣：快速分解

At 3:12 PM EST, a technical glitch during an internal transfer led to the minting of this astronomical amount. Paxos acted swiftly, identifying the error and burning the excess PYUSD within just 30 minutes. Think of it as a digital 'oops' moment of epic proportions.

美國東部時間下午 3:12，內部轉賬過程中的技術故障導致了這一天文數字的鑄造。 Paxos 迅速採取行動，在短短 30 分鐘內發現了錯誤並銷毀了多餘的 PYUSD。可以將其視為史詩般的數字“哎呀”時刻。

Paxos was quick to reassure everyone that this was an internal technical error, not a security breach. Customer funds were safe, and the root cause was addressed immediately. Crisis averted!

Paxos 很快向大家保證，這是一個內部技術錯誤，而不是安全漏洞。客戶資金安全，根本原因立即得到解決。危機解除！

The Impact and the Aftermath

影響和後果

While the issue was resolved rapidly, it did cause some ripples. Aave, a DeFi protocol, temporarily suspended operations with PYUSD as a precautionary measure. The price of PYUSD briefly dipped but quickly recovered its peg to the US dollar.

雖然問題得到了迅速解決，但確實引起了一些漣漪。作為預防措施，DeFi 協議 Aave 暫時停止了 PYUSD 的操作。 PYUSD 的價格短暫下跌，但很快恢復了與美元的掛鉤。

The sheer scale of the error raised eyebrows. As one user pointed out, the incident highlights the inherent trust users place in stablecoin issuers. If tokens can be created 'out of thin air,' what's to stop them from being arbitrarily destroyed, even legitimate ones?

錯誤的規模之大令人震驚。正如一位用戶指出的，該事件凸顯了用戶對穩定幣發行方的固有信任。如果代幣可以“憑空”創建，那麼如何阻止它們被任意銷毀，即使是合法的代幣？

A History of Stablecoin Slip-Ups

穩定幣失誤的歷史

This isn't the first time a stablecoin issuer has made a mistake. Tether (USDT) accidentally issued 5 billion coins in 2019, and crypto lender BlockFi mistakenly credited large amounts of Bitcoin to clients' accounts in 2021. Even a $23.7 million gas fee error occurred on DeversiFi in 2022.

這並不是穩定幣發行人第一次犯錯誤。 Tether（USDT）在 2019 年意外發行了 50 億枚代幣，加密貨幣借貸機構 BlockFi 在 2021 年錯誤地將大量比特幣記入客戶賬戶。甚至在 2022 年 DeversiFi 上還出現了 2370 萬美元的汽油費錯誤。

The Bigger Picture: Stablecoin Oversight

更大的圖景：穩定幣監管

The Paxos incident has reignited the conversation around stablecoin regulation. Amanda Fischer from Better Markets questioned the implications of such errors, especially as Paxos seeks a national trust charter from the Office of the Comptroller of the Currency under the GENIUS Act. This approval would allow Paxos to operate across the U.S. as a federally chartered institution.

Paxos 事件重新引發了圍繞穩定幣監管的討論。 Better Markets 的 Amanda Fischer 對此類錯誤的影響提出了質疑，特別是在 Paxos 根據《天才法案》向貨幣監理署尋求國家信託憲章時。此次批准將使 Paxos 作為聯邦特許機構在美國各地運營。

This event underscores the importance of robust internal controls and rigorous testing procedures for stablecoin issuers. It also highlights the increasing scrutiny stablecoin operators face as they seek federal charters.

這一事件強調了穩定幣發行人穩健的內部控制和嚴格的測試程序的重要性。它還凸顯了穩定幣運營商在尋求聯邦特許時面臨的日益嚴格的審查。

Ethereum's Stablecoin Dominance

以太坊的穩定幣主導地位

Despite the hiccup, the Ethereum network continues to be a DeFi powerhouse, largely due to the growing adoption of stablecoins. With a stablecoin supply of around $161 billion, Ethereum far surpasses its competitors like Tron and Solana.

儘管出現了一些問題，以太坊網絡仍然是 DeFi 的強大力量，這主要是由於穩定幣的日益普及。以太坊的穩定幣供應量約為 1610 億美元，遠遠超過 Tron 和 Solana 等競爭對手。

Final Thoughts: A Crypto Head-Scratcher

最後的想法：一個令人頭疼的加密貨幣

The $300 trillion PYUSD incident is a reminder that even in the world of decentralized finance, human error is still a factor. While Paxos acted quickly to resolve the issue, the event serves as a valuable lesson about the importance of transparency, oversight, and robust controls in the stablecoin market.

300萬億美元的PYUSD事件提醒我們，即使在去中心化金融世界中，人為錯誤仍然是一個因素。儘管 Paxos 迅速採取行動解決了該問題，但該事件為我們提供了寶貴的一課，讓我們了解到穩定幣市場中透明度、監督和強有力的控制的重要性。

So, what's the takeaway? Crypto is wild, even the 'stable' parts! And who knows, maybe one day we'll all accidentally mint a few trillion tokens. Until then, keep your eye on the blockchain and maybe double-check those decimal places!

那麼，要點是什麼？加密貨幣是狂野的，即使是“穩定”的部分！誰知道呢，也許有一天我們都會意外地鑄造出幾萬億代幣。在那之前，請密切關注區塊鏈，並可能仔細檢查這些小數位！