The company said it mistakenly minted the coins – worth more than double the entire world’s GDP – during an internal transfer ...

PayPal's PYUSD is the world’s sixth-largest stablecoin with a current market cap of $2.7 billion, all fully-backed by US ...

Earlier this week, PayPal's blockchain partner Paxos mistakenly minted a very large amount of unbacked PYUSD stablecoin, $300 ...

On Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin on ...

PayPal's blockchain partner Paxos announced it accidentally minted $300 trillion in stablecoin Wednesday as part of what it ...

Stablecoin issuer Paxos said it mistakenly minted $300 trillion of PayPal Holdings Inc.’s PYUSD stablecoin Wednesday before ...

An internal error worth more than double the world's GDP highlights both the operational risks and the transparent, ...

Risks and safeguards. Paxos CEO emphasizes the risk involved with blockchain transparency, saying it was a saving grace after ...

In an embarrassing error, PayPal blockchain partner Paxos accidentally minted 300 trillion of the PYUSD token today.

Stablecoins processed $46T last year, or $9T adjusted, a surge A16z says marks the strongest sign yet of crypto’s growing ...

Coinbase is removing fees for purchases of PayPal's stablecoin as part of a broader effort to increase the use of the coin, and an attempt to boost on-chain payment opportunities for consumers and ...