Token Mint

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Paxos Error Triggers $300 Trillion PYUSD Mint Before Swift Burn Restores Normal Supply
Paxos Error Triggers $300 Trillion PYUSD Mint Before Swift Burn Restores Normal Supply
Crypto News5 months ago
Austin Mwendia
By Austin Mwendia10/16/2025
Highlights: Paxos has fixed a major minting error after accidentally creating 300 trillion PYUSD. The PYUSD Mint incident caused a brief DeFi disruption before Paxos restored normal supply. Regulators and analysts have urged tighter controls after the Paxos error. Stablecoin […]