BlackRock executive Nicholas Peach said that even a small shift in Asian portfolio allocations toward crypto could generate enormous inflows for the digital asset market. Speaking during a panel at Consensus Hong Kong, Peach …
Tag:
Trillion
- Press Release
QXMP Labs Announces Activation Of RWA Liquidity Architecture And $1.1 Trillion On-Chain Asset Registration
by adminby adminNew York, United States, January 28th, 2026, Chainwire QXMP Labs announced that it has registered approximately USD $1.1 trillion of certified real-world, in-ground assets on its proprietary Layer-1 blockchain, QELT. The announcement follows the …
- Press Release
GrantiX Brings $1.57 Trillion Impact-Investing Market On-Chain Through AI-Powered SocialFi Platform
by adminby adminDubai, 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 …
- 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 …
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 …
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 …
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 …
Crypto Education
Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market
by admin
by admin
In 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 …
Bitcoin & Ethereum
A $300 Trillion Fat-finger, as Paxos Accidentally Mints and Burns PYUSD
by admin
by admin
Blockchain 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 …
Web3 Technology
Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins
by admin
by admin
Crypto 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 …
