PayPal's stablecoin launch attracts fake PYUSD tokens as copycats rush to exploit the hype, trapping investors with possible "honeypots." The frenzy exposes the risks investors face in a rapidly evolving crypto market. Barely a day after the announcement of PayPal's stablecoin (PYUSD) launch, opportunists and potential scammers are flooding the market with nearly 30 fake PYUSD tokens.