BTCC / BTCC Square / Global Cryptocurrency /

Paxos’ Oops Moment: 300 Trillion PYUSD Coins Minted by Mistake

Paxos’ Oops Moment: 300 Trillion PYUSD Coins Minted by Mistake

Author:

Global Cryptocurrency

Published:

2025-10-16 09:59:02

15

3

BTCCSquare news:

Paxos Trust Company inadvertently minted 300 trillion PYUSD tokens due to a technical glitch, highlighting the volatile nature of cryptocurrency operations. The error, swiftly rectified, underscores the challenges of maintaining precision in blockchain-based systems.

While no major exchanges were directly implicated, the incident has reignited discussions about operational safeguards in digital asset issuance. Market observers note such events test institutional confidence despite crypto's growing infrastructure maturity.

By:

KEI Industries Shares Drop 9% Despite Strong Q2 Earnings

|Square

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2025 BTCC.com. All rights reserved

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.