Paxos CEO Charles Cascarilla has claimed that the accidental minting of $300 trillion PYUSD tokens was a success in terms of ...

Paxos co-founder Charles Cascarilla has framed a $300 trillion PYUSD minting error as evidence of blockchain transparency.

A blunder by stablecoin issuer Paxos briefly sent the market cap of PayPal USD (PYUSD) to $300 trillion, exceeding global GDP ...

Paxos mistakenly minted $300 trillion of PayPal’s stablecoin before burning the excess, marking one of the biggest on-chain ...

Paxos mistakenly minted $300 trillion worth of PayPal USD (PYUSD) during an internal transfer error. The amount was nearly ...

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

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

Paxos’ $300 trillion PYUSD minting error exposes critical flaws in stablecoin safeguards and proof-of-reserve systems.

Paxos’ $300 trillion minting blunder sparks NYDFS probe and industry calls for proof-of-reserve safeguards in stablecoin ...

The Paxos CEO attempted to reframe the minting incident as validation of blockchain technology's transparency benefits.

Before Paxos called the move an “internal technical error,” crypto users speculated what was behind a 300 trillion PYUSD mint ...

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