Dubai, United Arab Emirates, November 3rd, 2025, Chainwire GrantiX, the world’s first sustainable, multi-chain impact platform bridging traditional charities with blockchain donors, announced the upcoming launch of its mainnet ecosystem, uniting the $1.57 trillion …
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Trillion
- Crypto Education
Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market
by adminby adminIn brief Visa reports stablecoins have originated $670 billion in lending over five years, with average loan sizes rising from $76,000 to $121,000. USDC and USDT dominate stablecoin lending, mirroring their share of the …
- Web3 Technology
South Korea E-commerce Market Expected to Reach USD 8.05 Trillion by 2030, Driven by Mobile Shopping and Digital Payment Adoption
by adminby adminSouth Korea E-commerce Market Mordor Intelligence has published a new report on the South Korea E-commerce Market, offering a comprehensive analysis of trends, growth drivers, and future projections.Overview of the South Korea E-commerce Market …
- Bitcoin & Ethereum
A $300 Trillion Fat-finger, as Paxos Accidentally Mints and Burns PYUSD
by adminby adminBlockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the PayPal USD stablecoin within 30 minutes, leaving many crypto users scratching their heads. In a Wednesday X post following …
Paxos accidentally minted $300 trillion in PYUSD today, prompting community incredulity. The firm quickly burned these tokens and minted $300 million, claiming user error. This gaffe has highlighted a real concern in stablecoins: these …
- Web3 Technology
Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins
by adminby adminCrypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos, the issuer behind the PayPal-branded PYUSD stablecoin, minted $300 trillion worth of the tokens on the Ethereum blockchain. A little …
The New York Department of Financial Services (NYDFS) confirmed today that Paxos, the issuer of PayPal USD (PYUSD), accidentally minted $300 trillion worth of unbacked stablecoins on October 15, 2025. The regulator added that …
The accidental move briefly made PayPal’s PYUSD the largest stablecoin in the world before Paxos burned the newly minted supply. Fintech giant PayPal made an interesting move today, minting $300 trillion of its PYUSD …
