PayPal's blockchain partner accidentally minted $300 trillion in stablecoins

Engadget•Wednesday, October 15, 2025 at 10:40:17 PM

In a surprising turn of events, PayPal's blockchain partner mistakenly minted a staggering $300 trillion in stablecoins, raising serious concerns about the stability and security of digital currencies. This incident highlights the potential risks associated with blockchain technology and could shake investor confidence in the cryptocurrency market. As PayPal continues to expand its role in the financial sector, this blunder serves as a reminder of the challenges that come with innovation in the rapidly evolving world of digital finance.

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