The day $300 trillion appeared and then vanished on Ethereum

For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial equivalent of a dream. Paxos, the issuer behind PayPal's stablecoin PYUSD PYUSD - $0.999950130037126 accidentally minted $300 trillion worth of tokens, which is roughly 300 times the global GDP, before burning them just as fast.

Source: cryptoslate.com

Related symbols: ETHUSD

2025-10-16 15:29:05 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.