Aave freezes PYUSD markets after unprecedented 300T mint and burn

Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal's PYUSD PYUSD - $0.999736780735000 stablecoin, then sent it all to a burn address.

Source: cointelegraph.com

Related symbols: AAVEUSD

2025-10-15 21:12:02 GMT.

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Price & Market Data

Price: $0.999736780735000

Volume 24h: $86,840,652.40

Market Cap: $3,845,359,367.47

Description

PayPal USD (PYUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. PayPal USD has a current supply of 3,857,922,018.751588. The last known price of PayPal USD is 0.99949484 USD and is down -0.01 over the last 24 hours. It is currently trading on 138 active market(s) with $43,569,142.54 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.