16.10.2025 03:27

A startling development has sent ripples through the cryptocurrency world, with unverified reports suggesting the alleged minting of an astronomical $300 trillion worth of PayPal’s newly launched stablecoin, PYUSD, on the Ethereum blockchain. This astonishing claim, if accurate, would represent a colossal sum, dwarfing global economic figures and immediately drawing widespread attention.

Online discussions have been awash with purported transaction details, which, despite lacking official confirmation, fueled intense speculation regarding the unprecedented issuance. While the sheer magnitude of $300 trillion in newly created PYUSD instantly raised eyebrows across digital asset platforms, the narrative took an immediate and unexpected turn shortly after these initial reports emerged.

Swiftly counteracting the initial alleged creation, a subsequent transaction reportedly saw the entirety of the $300 trillion in PYUSD burned. This rapid destruction of the newly minted stablecoin, executed almost immediately after its supposed issuance, effectively nullified the colossal sum, preventing any potential market disruption or further questions regarding its origin or purpose.

Readers are reminded that this report is provided for informational purposes only and does not constitute financial or investment advice. Insights into these unusual on-chain activities were rapidly disseminated across various online platforms and cryptocurrency news outlets.