Paxos releases PYUSD transparency report for April: total circulation exceeds US$328 million
Paxos officially released the transparency report of PYUSD in April 2024, disclosing relevant unaudited data of PYUSD as of 06:00 on May 1, 2024 Beijing time, including: 1. The total amount of tokens outstanding reached $328,083,103; 2. The current market value of collateral in US Treasury bonds is about $14,934,000, and the nominal position value is about $14,800,748; 3. The current market value of collateral in reverse repurchase agreements for US Treasury bonds is about $320,414,640, and the nominal position value is about $314,132,000; 4. The current market value of collateral in total net assets is about $335,349,722, and the nominal position value is about $328,933,830.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is XRP Being Used for all US Federal Reserve Transactions? Fact Check
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Crypto Sniper Incurs $465K in Losses on $XZY Token within 1 Hour
Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
Trending news
MoreCrypto prices
More








