Paxos、PYUSD 和 300 万亿美元的 Oops：发生了什么？

Paxos 意外铸造了 300 万亿美元 PYUSD！看看其后果、快速解决方案以及为什么它对稳定币监管很重要。系好安全带，加密货币变得疯狂！

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

Paxos、PYUSD 和 300 万亿美元的 Oops：发生了什么？

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.

想象一下，不小心印了足够多的钱来偿还整个美国国债……好几倍。这基本上就是 2025 年 10 月 15 日 PayPal PYUSD 稳定币的基础设施提供商 Paxos 无意中铸造了 300 万亿 PYUSD 时所发生的情况。但在您开始想象自己畅游稳定币之前，先了解一下真相。

The Accidental Minting: A Quick Breakdown

意外铸币：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.

美国东部时间下午 3:12，内部转账过程中的技术故障导致了这一天文数字的铸造。 Paxos 迅速采取行动，在短短 30 分钟内发现了错误并销毁了多余的 PYUSD。可以将其视为史诗般的数字“哎呀”时刻。

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 很快向大家保证，这是一个内部技术错误，而不是安全漏洞。客户资金安全，根本原因立即得到解决。危机解除！

The Impact and the Aftermath

影响和后果

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.

虽然问题得到了迅速解决，但确实引起了一些涟漪。作为预防措施，DeFi 协议 Aave 暂时停止了 PYUSD 的操作。 PYUSD 的价格短暂下跌，但很快恢复了与美元的挂钩。

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?

错误的规模之大令人震惊。正如一位用户指出的，该事件凸显了用户对稳定币发行方的固有信任。如果代币可以“凭空”创建，那么如何阻止它们被任意销毁，即使是合法的代币？

A History of Stablecoin Slip-Ups

稳定币失误的历史

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.

这并不是稳定币发行人第一次犯错误。 Tether（USDT）在 2019 年意外发行了 50 亿枚代币，加密货币借贷机构 BlockFi 在 2021 年错误地将大量比特币记入客户账户。甚至在 2022 年 DeversiFi 上还出现了 2370 万美元的汽油费错误。

The Bigger Picture: Stablecoin Oversight

更大的图景：稳定币监管

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 事件重新引发了围绕稳定币监管的讨论。 Better Markets 的 Amanda Fischer 对此类错误的影响提出了质疑，特别是在 Paxos 根据《天才法案》向货币监理署寻求国家信托宪章时。此次批准将使 Paxos 作为联邦特许机构在美国各地运营。

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.

这一事件强调了稳定币发行人稳健的内部控制和严格的测试程序的重要性。它还凸显了稳定币运营商在寻求联邦特许时面临的日益严格的审查。

Ethereum's Stablecoin Dominance

以太坊的稳定币主导地位

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.

尽管出现了一些问题，以太坊网络仍然是 DeFi 的强大力量，这主要是由于稳定币的日益普及。以太坊的稳定币供应量约为 1610 亿美元，远远超过 Tron 和 Solana 等竞争对手。

Final Thoughts: A Crypto Head-Scratcher

最后的想法：一个令人头疼的加密货币

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.

300万亿美元的PYUSD事件提醒我们，即使在去中心化金融世界中，人为错误仍然是一个因素。尽管 Paxos 迅速采取行动解决了该问题，但该事件为我们提供了宝贵的一课，让我们了解到稳定币市场中透明度、监督和强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!

那么，要点是什么？加密货币是狂野的，即使是“稳定”的部分！谁知道呢，也许有一天我们都会意外地铸造出几万亿代币。在那之前，请密切关注区块链，并可能仔细检查这些小数位！