Paxos' accidental $300T PYUSD mint raises questions about stablecoin security, highlighting the need for stringent regulatory oversight and blockchain transparency.
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 has frozen its PYUSD markets following an unprecedented 300 trillion token mint and burn event, raising concerns over stablecoin stability and DeFi security.
