$300 Trillion Stablecoins Minted Out of Thin Air: Paxos Accidentally Mints Trillions in PayPal PYUSD Tokens - Tech Startups

$300 Trillion Stablecoins Minted Out of Thin Air: Paxos Accidentally Mints Trillions in PayPal PYUSD Tokens - Tech Startups

For a brief moment on Wednesday, the blockchain tied to PayPal’s stablecoin looked like something out of science fiction. Paxos, the crypto company that issues the PayPal USD (PYUSD) token, accidentally minted $300 trillion worth of the stablecoin — an […] The post $300 Trillion Stablecoins Minted Out of Thin Air: Paxos Accidentally Mints Trillions in PayPal PYUSD Tokens first appeared on Tech Startups.

Tether inks $300M Celsius deal; Paxos mints $300T PYUSD

Tether settles a $299.5 million dispute with Celsius, while analysts predict Circle will emerge stronger following anticipated interest rate cuts. The post Tether inks $300M Celsius deal; Paxos mints $300T PYUSD appeared first on CoinGeek.