The day $300 trillion appeared and then vanished on Ethereum

For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial equivalent of a dream. Paxos, the issuer behind PayPal’s stablecoin PYUSD, accidentally minted $300 ...

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The day $300 trillion appeared and then vanished on Ethereum

Source: CryptoSlate

For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial equivalent of a dream. Paxos, the issuer behind PayPal’s stablecoin PYUSD, accidentally minted $300 trillion worth of tokens, which is roughly 300 times the global GDP, before burning them just as fast. The minting, visible on Ethereum’s public ledger, […]

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