Amount signifies a quantified measure of value, volume, or quantity, typically referring to digital assets or fiat currency within transactions. This term establishes the precise numerical value associated with a transfer, holding, or financial operation. It provides the fundamental metric for assessing economic activity and financial obligations across blockchain networks. Understanding the exact amount is crucial for transaction verification and accounting.
Context
Market analyses consistently report on the amount of cryptocurrency traded daily, influencing price discovery and liquidity assessments. Blockchain explorers display the amount transferred in each transaction, ensuring transparency and auditability. Discussions regarding protocol upgrades often center on adjusting the minimum or maximum transaction amount to optimize network performance.
Paxos mistakenly minted and burned 300 trillion PayPal stablecoins (PYUSD) due to an internal technical error, causing a temporary halt in PYUSD trading on Aave.
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