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 - $0.999643071772310 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: $0.999643071772310

Volume 24h: $87,157,285.78

Market Cap: $3,703,932,900.54

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.