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Paxos releases February PYUSD transparency report: Total circulation of 304 million US dollars

Paxos releases February PYUSD transparency report: Total circulation of 304 million US dollars

2024/03/14 04:26
The official Paxos released the PYUSD transparency report for February 2024, disclosing the relevant unaudited data of PYUSD as of 06:00 on March 1, 2024 Beijing time, including:
 
1. The total amount of tokens outstanding reached $304,427,933;
 
2. The current market value of collateral in the U.S. Treasury repurchase agreement is approximately $311,025,637 and the nominal position value is about $304,927,000;
 
3. Both the market value and nominal position value of collateral stored in other cash deposits by depositary institutions are $812381;
 
4. The current market value of collateral in total net assets is approximately $311837918 and its nominal position value is about $305739282.
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