Paxos releases PYUSD transparency report for December 2024: Total token circulation drops again to approximately $497 million
that Paxos officially released the transparency report of stablecoin PYUSD for December 2024, disclosing unaudited data related to PYUSD, including:
1. The total amount of circulating tokens (Total Tokens Outstanding) has once again decreased, reaching $497,959,719;
2. The current market value of collateral in the total amount of US Treasury repurchase agreements is approximately $487,993,500, with a nominal position value of approximately $478,425,000;
3. The current market value of collateral in cash deposits is approximately $21,401,062, with a nominal position value of approximately $21,401,062;
4. The current market value of collateral in total net assets is $509,394,562, with a nominal position value of $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.
You may also like
[Initial Listing] GAIB (GAIB) will be listed in Bitget Innovation and AI Zone
New spot margin trading pair — ALLO/USDT, MET/USDT!
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
