PayPal USD (PYUSD) – Milestones
Key milestones and important events in PayPal USD (PYUSD)'s history.
2
Total Milestones
2023
Earliest
2025
Latest
2 yrs
Span
Showing 2 milestones for PayPal USD (PYUSD)
20251 milestone
2
1 Oct 2025
Accidental Minting Incident
Paxos mistakenly minted approximately $300 trillion in PYUSD due to a technical error. The excess tokens were quickly burned, and Paxos confirmed that no user funds were at risk.
www.theblock.co/post/374870/paxos-mistakenly-mints-300-trillion20231 milestone
1
1 Aug 2023
Date Founded
pyusd launched by paypal in August 2023
www.forbes.com/advisor/investing/cryptocurrency/what-is-paypal-usd/