The post Paxos Mints and Burns $300 Trillion PYUSD Stablecoin on Ethereum Network appeared first on Coinpedia Fintech NewsPaxos Trust Company has made history by temporarily minting the entire global debt on the Ethereum (ETH) network. On Wednesday, during the mid-North American session, Paxos minted $300 trillion in PayPal USD (PYUSD) before burning them within an hour. The incident stirred up the crypto investors for a few minutes since PYUSD is backed by ...