Paxos accidentally minted $300 trillion of PayPal’s PYUSD on Ethereum on October 15, 2025; the firm says the excess tokens were immediately burned, no customer funds were lost, and on‑chain
Story Tags

CoinOtag
Latest news and analysis from CoinOtag
Paxos accidentally minted $300 trillion of PayPal’s PYUSD on Ethereum on October 15, 2025; the firm says the excess tokens were immediately burned, no customer funds were lost, and on‑chain
Latest news and analysis from CoinOtag
Visa’s stablecoin report shows on-chain lending reached $51.7 billion in monthly stablecoin borrowings and over $670 billion originated via smart contracts since 2020, highlighting stablecoins and sma...
Visa says stablecoins could help bring parts of the $40 trillion global credit market onto programmable blockchain rails, creating new on‑chain lending channels for banks and institutions while raisin...
Visa makes deduction from research into stablecoins, including USDC, USDT, Ripple USD (RLUSD)...