Paxos Quickly Resolves PYUSD Minting Error Safely

The incident occurred at 3:12 PM EST and was immediately detected by Paxos' monitoring systems. The excess PYUSD PYUSD - $0.999518633516660 was promptly burned.

Source: altcoinbuzz.io

Related symbols: PYUSDUSD

2025-10-16 12:14:05 GMT.

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Price & Market Data

Price: $0.999518633516660

Volume 24h: $87,017,743.22

Market Cap: $3,703,471,825.02

Description

PayPal USD (PYUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. PayPal USD has a current supply of 3,578,967,045.4835792. The last known price of PayPal USD is 0.99950262 USD and is down -0.01 over the last 24 hours. It is currently trading on 143 active market(s) with $56,124,250.72 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.