Why mint Is Trending Today?

Paxos, a blockchain company, accidentally minted $300 trillion worth of PayPal's stablecoin, PYUSD, due to a technical error. The incident, which occurred on the Ethereum network, was quickly noticed and rectified, with Paxos burning the minted tokens approximately 22 minutes later. The error, often referred to as a "fat-finger" incident, outpaced the total supply of USD by a significant margin. Following the incident, the New York Department of Financial Services (NYDFS) took notice, highlighting potential risks associated with stablecoins.