Why governments and banks need the blockchain: A lesson from Paxos’ accidental minting of $300 trillion PYUSD on 15/10/2025
16 Oct 2025 6 minute read 0 comments kryptozimba
On October 15, 2025, crypto world was shocked when Paxos, the ssuer of PayPal’s stablecoin accidentally minted $300 trillion in PYUSD. That was more than three times the entire global GDP, created with a single transaction. PYUSD is a digital stable...