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Glitch Leads Paxos to Mint $300 Trillion in PayPal Stablecoin Before Quick Burn

A brief but stunning technical glitch at Paxos on Wednesday led to the creation of 300 trillion PayPal USD (PYUSD) -- an amount surpassing the entire global GDP -- before the stablecoin issuer swiftly reversed the mistake.The post Glitch Leads Paxos to Mint $300 Trillion in PayPal Stablecoin Before Quick Burn appeared first on CryptoDnes EN.

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