Paxos’ 300 Trillion PYUSD Mint May Expose Centralization Risks and Test DeFi Resilience
Paxos’ 300 Trillion PYUSD Mint May Expose Centralization Risks and Test DeFi Resilience
CoinOtag 2025-10-17 08:33:40
Paxos accidentally minted 300 trillion PYUSD during a 22-minute incident described as a “technical error.” The tokens were burned before circulation, and on-chain records plus protocol risk controls prevented any