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Paxos releases PYUSD transparency report for December 2024: Total token circulation drops again to approximately $497 million

Paxos releases PYUSD transparency report for December 2024: Total token circulation drops again to approximately $497 million

Bitget2025/01/14 13:08

Golden Finance reports that Paxos officially released the transparency report for the stablecoin PYUSD in December 2024, disclosing unaudited data related to PYUSD, including:

1. The total amount of tokens outstanding has once again decreased, reaching $497,959,719;

2. In the total amount of U.S. Treasury bond repurchase agreements, the current market value of collateral is approximately $487,993,500 and the nominal position value is about $478,425,000;

3. In cash deposits,the current market value of collateral is approximately $21,401,062 and its nominal position value is also around $21,401,062;

4. In total net assets,the current market value of collateral stands at about $509,394,562 while its nominal position value amounts to roughly $499,826,062.

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.
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