PayPal’s stablecoin has wallet freezing and wiping functions

paypal’s-stablecoin-has-wallet-freezing-and-wiping-functions

An analysis of the smart contract of the just-launched PayPal stablecoin PYUSD revealed the presence of so-called “centralization attack vectors.” Smart contract security auditor Pashov pointed out in a recent Twitter thread that PYUSD’s contract has an ‘assetProtection’ role. It…

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