💸 Paxos Misfires With $300T PYUSD Entry, Exceeding $2.4T USD Supply
2025-10-16PayPal USD issuer Paxos records an erroneous $300 trillion PYUSD amount, an outsize figure that exceeds the roughly $2.4 trillion supply of U.S. dollars. The fat-finger event underscores operational risk in stablecoin issuance and highlights the need for strict controls when handling issuance records.
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