Paxos' $300 Trillion PYUSD Mint: Error or Test?
Update: 2025-10-15
Description
Why did Paxos, the company behind PayPal's PYUSD stablecoin, suddenly mint and then burn $300 trillion worth of tokens in under 30 minutes? The crypto world is buzzing with speculation as experts and observers try to figure out the reason behind this unprecedented event, while Paxos and PayPal remain silent. Was it a test, an error, or something else entirely?
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