Aave freezes PYUSD markets after unprecedented 300T mint and burn

Coin Telegraph 3 hours ago 124

Aave freezes <a href='https://market.bitrss.com/coin/paypal-usd' rel='noopener' target='_blank' class='crypto-highlight' title='PYUSD Market Overview'>PYUSD ($1.00)</a> markets aft unprecedented 300T mint and burn

Crypto users were near scrambling connected Wednesday aft Paxos minted 300 trillion of PayPal's PYUSD stablecoin, aft that sent it each to a pain address.

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