Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Paxos Releases August PYUSD Transparency Report: Total Circulation Rises to Over $900 Million

Paxos Releases August PYUSD Transparency Report: Total Circulation Rises to Over $900 Million

Bitget2024/09/07 13:10

Paxos officially released the August 2024 PYUSD Transparency Report, disclosing unaudited data related to PYUSD as of 05:00 GMT on September 1, 2024, including: 1. Total Tokens Outstanding touched $908,164,708; 2. The current market value of collateral in U.S. Treasuries was about 149,017,480 with a notional position value of approximately $148,342,340; 3. The current market value of the collateral in the U.S. Treasury Collateralized Reverse Repurchase Agreements (CRRAs) was approximately $619,324,620 with a notional position value of approximately $607,181,000; 4. The current market value of the cash deposits was approximately $156,006,044 with a notional position with an approximate value of $156,006,044; 5. The current market value of collateral in total net assets is approximately $924,348,144, with a notional position value of approximately $911,529,384.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!