Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos, the issuer behind the PayPal-branded PYUSD stablecoin, minted $300 trillion worth of the tokens on the Ethereum blockchain.A little over 20 minutes later, all 300 trillion PYUSD tokens were "burned," or effectively destroyed, by sending them to an inaccessible network address.For context, $300 trillion is more than 2.5 times larger than the entire world’s GDP, which is approximately $117 tr...