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Paxos Releases October PYUSD Transparency Report: Total Token Circulation Drops to About $570 million

Paxos officially released the October 2024 stablecoin PYUSD Transparency Report, disclosing unaudited data on PYUSD as of 5:00 on November 1, 2024 Beijing time, including: Total Tokens Outstanding fell to $570,851,729. The current market value of the collateral in U.S. Treasury bonds is approximately $79,829,400, and the nominal position value is approximately $79,247,783. The current market value of the collateral in the US Treasury mortgage reverse repurchase agreement is approximately $485,762,760, and the nominal position value is approximately $476,238,000. 4. The current market value of the collateral in the cash deposit is approximately $18,193,170, and the nominal position value is approximately $18,193,170. The current market value of the collateral in the total net assets is $583,785,330, and the nominal position value is $573,679,952.