Paxos Accidentally Mints $300 Trillion in PYUSD Stablecoins

Paxos accidentally minted $300 trillion in PYUSD PYUSD - $0.999950130037126 today, prompting community incredulity. The firm quickly burned these tokens and minted $300 million, claiming user error.

Source: beincrypto.com

Related symbols: PYUSDUSD

2025-10-15 23:18:05 GMT.

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Price & Market Data

Price: $0.999950130037126

Volume 24h: $199,349,515.12

Market Cap: $2,747,118,941.54

Description

PayPal USD (PYUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. PayPal USD has a current supply of 2,747,255,947.095942. The last known price of PayPal USD is 0.99979311 USD and is up 0.02 over the last 24 hours. It is currently trading on 133 active market(s) with $206,554,284.35 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.