Paxos releases May PYUSD Transparency Report: Total circulation rises to around $444 million
Paxos officially released the May 2024 PYUSD Transparency Report, disclosing the unaudited data related to PYUSD as of 06:00 Beijing time on June 1, 2024, including:
Total Tokens Outstanding reached $444,103,023.
The current market value of the collateral in U.S. Treasury bonds is approximately $29,682,100, and the nominal position value is approximately $29,603,481.
The current market value of the collateral in the US Treasury collateralized reverse repurchase agreement is approximately $424,567,860, and the nominal position value is approximately $416,243,000.
The current market value of the collateral in the total net assets is approximately $454,251,126, and the nominal position value is approximately $445,847,647.