On The Chain - Blockchain and Cryptocurrency News + Opinion $300 Trillion Stablecoin Mint Mistake | Paxos & PYUSD | Is the World Ready for Stablecoins?
$300 Trillion Stablecoin Mint Mistake | Paxos & PYUSD | Is the World Ready for Stablecoins?
Paxos, the blockchain partner behind PayPal’s PYUSD, just made headlines with a shocking $300 trillion minting mistake — an accidental creation of more tokens than the global economy itself.
In tonight’s episode of On The Chain, Jeff and Chip break down:
🔥 The Paxos & PYUSD glitch — what really happened?
🧩 Why this exposes the vulnerabilities in stablecoins and DeFi systems.
🌍 How Europe is positioning its own stablecoin framework.
⚙️ XRPL’s new proposal for smarter amendments and validation.
💥 What this means for the future of digital trust and financial control.
Are stablecoins the next global revolution — or the next systemic risk?
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