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