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PYUSD

Paxos Stablecoin Glitch: $300 Trillion PYUSD Mistakenly Minted, Swiftly Rectified

Paxos, issuer of PayPal USD (PYUSD), accidentally minted $300 trillion in stablecoins before a swift rectification. Learn about the glitch and its market implications.

Aave Freezes PYUSD Markets Amidst Unprecedented 300 Trillion Token Incident

Aave has frozen its PYUSD markets following an unprecedented 300 trillion token mint and burn event, raising concerns over stablecoin stability and DeFi security.

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