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Paxos mistakenly issues $300 trillion in PayPal's PYUSD

Paxos mistakenly minted $300 trillion worth of PayPal USD PYUSD PYUSD - $0.999601452795430 stablecoins on Ethereum before burning them within minutes.

Source: cryptopolitan.com

Related symbols: PYUSDUSD

2025-10-16 09:45:02 GMT.

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PYUSD

Price & Market Data

Price: $0.999601452795430

Volume 24h: $75,943,839.53

Market Cap: $3,664,760,723.56

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.