Paxos releases June PYUSD transparency report: total circulation amount rises to over US$499 million
According to a report on transparency of PYUSD released by Paxos in June 2024, as of 06:00 on June 29, 2024 Beijing time, the following unaudited data was disclosed:
1. The total amount of tokens in circulation (Total Tokens Outstanding) reached $499,487,564;
2. The current market value of the collateral in US Treasury bonds is approximately $49,550,900, and the nominal position value is approximately $49,337,950;
3. The current market value of the collateral in US Treasury bond repurchase agreements is approximately $450,447,300, and the nominal position value is approximately $441,615,000;
4. The current market value of cash deposits is approximately $10,204,663, and the nominal position value is approximately $10,204,663;
5. The current market value of collateral in total net assets is approximately $510,202,863, and the nominal position value is approximately $501,157,613.
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.
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