Wu Blockchain (@WuBlockchain): At 3:12 PM ET on October 15, 2025, Paxos mistakenly minted 300 trillion PYUSD during an internal transfer. The excess tokens were fully burned about 2…
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At 3:12 PM ET on October 15, 2025, Paxos mistakenly minted 300 trillion PYUSD during an internal transfer. The excess tokens were fully burned about 20 minutes later. Paxos attributed the incident to a technical error, confirmed no systems were compromised and customer funds remained secure, and stated the issue had been resolved. https://t.co/aip7yUZ6r0