PayPal's blockchain partner Paxos announced it accidentally minted $300 trillion in stablecoin Wednesday as part of what it called an "internal transfer."

Paxos, the blockchain partner of PayPal, mistakenly minted $300 trillion of the online payment giant's stablecoin on Wednesday in what the company called a "technical error."

PayPal's blockchain partner Paxos announced it accidentally minted $300 trillion in stablecoin Wednesday as part of what it called an "internal transfer."