# @whale_alert: 300 trillion PYUSD ($300B) minted at unknown wallet

Source: https://xcancel.com/whale_alert/status/1978539763301744815

💵 💵 💵 💵 💵 💵 💵 💵 💵 💵  300,000,000,000,000 #PYUSD (300,086,017,940,552 USD) minted at unknown wallet

https://whale-alert.io/tx/ethereum/0xc45dd1a77c05d9ae5b2284eea5393ecce2ac8a7e88e973c6ba3fe7a18bf45634

## Comments

**mishaderidder.eth**: lol talking about inflation 

> Paxos, the issuer of PayPal's PYUSD stablecoin, accidentally minted 300 trillion of the supposedly dollar-pegged token. For context, this is approximately 2.5x the global GDP, and around 125x the total number of US dollars actually in circulation. Paxos later announced that the mint was an "internal technical error", and that they had burned the excess tokens.

https://www.web3isgoinggreat.com/single/paxos-accidental-mint