Core Insights - A significant operational error led to the unprecedented minting and subsequent destruction of 300 trillion PYUSD stablecoins, surpassing the total GDP of all countries combined [1][5][6] - The incident prompted Aave to temporarily freeze PYUSD trading due to the unexpected high-volume transaction [1][3] - Paxos attributed the error to an internal technical mistake, assuring that customer funds remain secure and the issue has been resolved [1][5] Market Impact - Following the incident, PYUSD maintained its dollar peg, with only a brief price drop of approximately 0.5% [3] - The current market capitalization of PYUSD exceeds $2.3 billion, ranking it sixth among stablecoins [5] Historical Context - This event marks the largest token destruction in cryptocurrency history, dwarfing previous incidents such as the 65 million OKB tokens sent to an inaccessible address by OKX [6] - Comparatively, the Bonk meme coin project destroyed about 1.7 trillion BONK tokens in December 2024, valued at around $50 million, highlighting the unprecedented scale of the PYUSD incident [7] Regulatory and Mechanism Concerns - The incident raised critical questions regarding the collateralization mechanisms of stablecoins, with concerns about what backed the erroneously minted $300 trillion [8]
300万亿美元 史上最大“乌龙指”
Hua Er Jie Jian Wen·2025-10-16 11:41