Currency

Aave freezes PYUSD markets after unprecedented 300T mint and burn

Chatty NewsChatty News
Oct 15, 2025 - 14:15
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Aave freezes PYUSD markets after unprecedented 300T mint and burn

Aave freezes PYUSD markets after unprecedented 300T mint and burn

Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal's PYUSD stablecoin, then sent it all to a burn address.

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