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

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

In this episode of Gen C, May Zabaneh, Head of Crypto at PayPal, shares how PYUSD, stablecoins, and AI are powering the next ...

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

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

PayPal's (PYPL) blockchain partner, Paxos, mistakenly minted $300T worth of the payment company's stablecoins in a technical ...

Paxos confirmed the error and said it was part of an internal transfer, saying that the excess amount was disposed of. It maintained that customers funds are safe.

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

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Paxos assured customers there was no security breach and their funds were safe, after mistakenly minting $300 trillion worth of stablecoins.

The expansion of PayPal’s crypto features is actively underway throughout 2025. Key rollouts such as PayPal links for P2P ...

Paxos mistakenly minted $300 trillion worth of PayPal USD (PYUSD) stablecoins on Ethereum before burning them within minutes.