Paxos Mints More Fiat Than Actually Exists (Patreon)

Stablecoin issuer Paxos just glitched and minted 300 TRILLION PYUSD tokens — that’s more than the US national debt AND global GDP combined

They caught it in 30 minutes and burned the excess, but still…

Imagine if a “technical glitch” could print that much “money.”

Only Bitcoin has a truly fixed supply.

FIAT is the real scam — this just proved it again.