Der Krypto-Partner von PayPal prägt aufgrund eines „technischen Fehlers“ Stablecoins im Wert von satten 300 Billionen US-Dollar

tldr; PayPal’s blockchain partner, Paxos, mistakenly minted $300 trillion of PayPal’s stablecoin, PYUSD, due to a technical error during an internal transfer. The error was quickly identified and corrected, with the excess PYUSD burned within 20 minutes. Paxos assured that customer funds were safe and there was no security breach. The incident highlights the reliance on PayPal’s guarantees for the dollar peg of PYUSD, which is backed by U.S. dollar deposits and treasuries, rather than intrinsic minting safeguards.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.