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PC Gamer
PC Gamer
Andy Edser

PayPal's crypto partner accidentally minted $300,000,000,000,000 worth of stablecoins, which is more than twice the world's total GDP

POLAND - 2023/01/24: In this photo illustration, a Paypal logo is displayed on a smartphone. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images).

PayPal's blockchain partner, Paxos, looks to have made something of a maths-related whoopsie earlier this week, as it mistakenly minted $300 trillion worth of its stablecoin, PYUSD.

That figure might look massive in its own right, but it's even more impressive when you take into account that it's more than double the world's GDP—which is currently estimated to be around $111 trillion, based on figures from 2024.

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