Paxos Releases February 2024 PYUSD Transparency Report

BlockBeats news, on March 14, according to the February 2024 PYUSD transparency report data released by Paxos, as of 6:00 on March 1, 2024, Beijing time, the total external circulation of PYUSD (Total Tokens Outstanding) was 304,427,933 pieces, which was 304,427,933. An increase of approximately 1.08%. · The current market value of the collateral in the U.S. Treasury collateralized reverse repurchase agreement is approximately $311,025,637, with a notional position value of approximately $304,927,000; · The market value and notional position value of collateral held in other cash deposits with insured depository institutions were both $812,281; · The current market value of collateral in total net assets is approximately $311,837,918 and the notional position value is approximately $305,739,282.