Paxos releases PYUSD transparency report for August: total circulation exceeds US$900 million

According to BlockBeats, on September 7, Paxos officially released the PYUSD transparency report for August 2024, disclosing the unaudited data of PYUSD as of 05:00 Beijing time on September 1, 2024, including:

1. Total Tokens Outstanding reached $908,164,708;

2. The current market value of the collateral in U.S. Treasuries is approximately $149,017,480 and the notional position value is approximately $148,342,340;

3. The current market value of the collateral in the U.S. Treasury-backed reverse repurchase agreements is approximately $619,324,620, and the notional position value is approximately $607,181,000;

4. The current market value of cash deposits is approximately $156,006,044 and the notional position value is approximately $156,006,044;

5. The current market value of the collateral in the total net assets is approximately $924,348,144, and the notional position value is approximately $911,529,384.

by blockbeats

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