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 - $0.999766110069519 was promptly burned.

Source: altcoinbuzz.io

Related symbols: PYUSDUSD

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

Link to source Join our Telegram channel

Price & Market Data

Price: $0.999766110069519

Volume 24h: $200,120,441.65

Market Cap: $2,746,613,391.59

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.