According to Odaily Planet Daily, Chainlink community member Zach Rynes wrote on X, "Paxos accidentally minted *300 trillion* PYUSD tokens without reserve backing. The funds are now safe, it was just an operational error, the excess supply has been destroyed, and the 1:1 anchor is stable. But this is a good example that Chainlink's reserve proof could have prevented the entire PR nightmare. Specifically, asset issuers can integrate Chainlink PoR into the minting function of their token contract as a verification check, which prevents the issuance of additional tokens unless Chainlink PoR first verifies that sufficient off-chain reserves are available to maintain 100% collateralization. This prevents an 'infinite coin attack,' where a large number of unbacked tokens are minted, putting all listed tokens and the market supporting them at risk."