⚪️😳‼️😂🚨 NEW: PayPal becomes the richest company on Earth with $300 trillion in assets... for about 20 minutes, until Paxos burns the $300 trillion PYUSD stablecoins it just minted.

https://x.com/Cointelegraph/status/1978550456658870658

@FelipeChannel

🇺🇸⚔️🇻🇪 Reporter: "What is the next step in this war on cartels? Are you considering strikes on land now?"

Trump: "Well, I'm not gonna tell you exactly but we are certainly looking at land now because we've got the sea very well under control now. We've had a couple of days where there was no boat to be found.

🔗 Insider Paper (@TheInsiderPaper)

⚪️😳‼️😂Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins

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 trillion, according to the International Monetary Fund. There is also only $2.4 trillion in physical U.S. dollars in circulation, per TradingEconomics. It cost just $2.66 in transaction fees to print this gargantuan amount of money.

https://finance.yahoo.com/news/printing-money-paxos-mints-then-194743462.html

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🇺🇸📞🇮🇳❌🇷🇺 — US President Donald J. Trump says India stopped to buy Oil from Russian Federation:

Indian Prime Minister Modi "has assured me there will be NO OIL purchased from Russia."

#BREAKING

📺❌ A lot of netizens report that YouTube is down or not working properly.

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🇨🇱🌹❌🇻🇪🇻🇪 — Leftist President of Chile, Gabriel Boric, directly criticized the Maduro regime and accused the murder of Ronald Ojeda, a Venezuelan Army Dissident that fled to Chile and was murdered by Tren de Aragua Cartel under SEBIN orders:

"Dictatorships cross borders to instill fear"

🇺🇸❌🇨🇳❗️ — US Secretary of Treasury Scott Bessent about the Chinese export ban on Rare Earths to USA:

"If some in the Chinese government want to slow down the global economy through disappointing actions and through economic coercion, the Chinese economy will be hurt the most — and make no mistake: this is China vs. the world."

🔗 Trump War Room (@TrumpWarRoom)

🇺🇸🤑📞🇺🇸 — US Treasury Secretary Bessent: President Trump’s agenda is unleashing an economic boom for working class Americans.

"The only thing standing in the way now is Democrat-led gridlock. I’m calling on moderate Democrats to come across the aisle and reopen the government for the good of the American people"

🔗 Treasury Secretary Scott Bessent (@SecScottBessent)

🇷🇺❌🇺🇦 — Ukrainian Media reports Russan Strikes against TEC-6 Power Plant in Kiev/Kyiv

🇷🇺❌🇺🇦 — Ukrainian media reports a Russian MiG-31K takeoff on the territory of the Russian Federation

Air Raid sirens over the Threat of X-47M2 "Kinzhal" missile launches are sounding in all Ukraine

https://news.1rj.ru/str/kyiv_times_official/78859