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Paxos Accidentally Mints $300 Trillion in PYUSD Stablecoins

Paxos' accidental minting of $300 trillion in PYUSD shook confidence in stablecoins, underscoring the absence of proof-of-reserve safeguards and prompting fresh scrutiny of the industry's transparency.The post Paxos Accidentally Mints $300 Trillion in PYUSD Stablecoins appeared first on BeInCrypto.

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