• 34ºc, Sunny

Paxos Releases September PYUSD Transparency Report: Total Circulation Drops to About $700 million

Paxos officially released the September 2024 PYUSD Transparency Report, disclosing unaudited data related to PYUSD as of 05:00 Beijing time on August 31, 2024, including: Total Tokens Outstanding fell to $709,794,225. The current market value of the collateral in U.S. Treasury bonds is approximately $111,598,980, and the nominal position value is approximately $110,718,542. The current market value of the collateral in the U.S. Treasury collateralized reverse repurchase agreement is approximately $585,329,040, and the nominal position value is approximately $573,852,000. The current market value of the cash deposit is approximately $23,224,383, and the nominal position value is approximately $23,224,383. The current market value of the collateral in the total net assets is approximately $720,152,403, and the nominal position value is approximately $707,794,925.