October 16, 2025

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A $300 trillion fat-finger, as Paxos accidentally mints PYUSD… before burning it

1 min read
A 0 trillion fat-finger, as Paxos accidentally mints PYUSD... before burning it

A 0 trillion fat-finger, as Paxos accidentally mints PYUSD... before burning it

Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal’s PYUSD stablecoin, then sent it all to a burn address.