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 over 20 minutes later, all 300 trillion PYUSD tokens were "burned," or effectively destroyed, by sending them to an inaccessible network address.

Paxos and PayPal have yet to public comment on the moves. Decrypt reached out to Paxos for comment but did not immediately receive a response.

Editor's note: This story is breaking and will be updated with more details.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。