Back to events
decryptNews media

Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins

Primary ETHETHstablecoinsnegativeImportance 0.7
Read original source

Event summary

decrypt published this stablecoins event on 15 Oct 2025, 19:47 UTC. The archive associates it with ETH; the tables below report observed post-publication returns without asserting causality.

Historical market reactions

Price reactions

Reaction V2

Historical percentage returns from the recorded publication timestamp. Missing values remain intentionally blank; these observations do not establish causality.

Related asset reactions

ETH

Reference 15 Oct 2025, 19:48 UTC · latency 0m

1m
-0.12%
5m
-0.34%
15m
+0.01%
1h
-0.57%
4h
-0.24%
24h
-3.21%

Source: Binance Vision official monthly 1m archive

Broader market context

BTC

Reference 15 Oct 2025, 19:48 UTC · latency 0m

1m
-0.03%
5m
-0.09%
15m
+0.17%
1h
-0.12%
4h
-0.37%
24h
-2.94%

Source: Binance Vision official monthly 1m archive

SOL

Reference 15 Oct 2025, 19:48 UTC · latency 0m

1m
-0.15%
5m
-0.27%
15m
+0.10%
1h
-0.26%
4h
-0.59%
24h
-5.32%

Source: Binance Vision official monthly 1m archive

Methodology

Reaction V2 uses the current documented publication-time methodology. Alternative research alignments are not displayed as production data.

Primary asset
ETH
Sentiment score
-0.20
Value unit
Percentage return
Reaction version
Reaction V2
Publication date
15 Oct 2025, 19:47 UTC
Source
decrypt
Related assets
ETH
Data availability
Missing horizons remain blank