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by: xpoolPosted on: October 16, 2025

Paxos’ $300T Error Shows Blockchain’s Transparency Advantage

The recent accidental minting of $300 trillion worth of the PayPal USD (PYUSD) stablecoin by Paxos, while concerning, provides a valuable case study on blockchain’s potential for revolutionizing traditional banking. The incident highlighted how quickly and transparently such mistakes can be identified and rectified thanks to blockchain’s inherent transparency.

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  4. Sony Bank Seeks U.S. Trust Charter for Stablecoin Issuance and Management
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