Paxos releases PYUSD transparency report for March: total circulation drops to approximately $188 million

According to a report on transparency of PYUSD released by Paxos in March 2024, as of 6:00 AM on April 1, 2024 Beijing time, the following unaudited data related to PYUSD was disclosed:

1. The total amount of tokens outstanding reached $188,485,924;

2. The current market value of the collateral in US Treasury bonds is about $14,870,700, and the nominal position value is about $14,800,748;

3. The current market value of the collateral in US Treasury bond repo agreements is about $177,991,076, and the nominal position value is about $174,501,000;

4. The current market value of the collateral in total net assets is about $192,863,328, and the nominal position value is about $189,303,301.