Paxos September PYUSD transparency report: total circulation dropped to about $700 million

Odaily News Paxos officially released the PYUSD transparency report for September 2024, disclosing relevant unaudited data of PYUSD as of 05:00 Beijing time on August 31, 2024, including: 1. The total amount in circulation (Total Tokens Outstanding) dropped to US$709,794,225; 2. The current market value of collateral in U.S. Treasuries is approximately US$111,598,980, and the nominal position value is approximately US$110,718,542; 3. The current market value of collateral in U.S. Treasury bond-collateralized reverse repurchase agreements is approximately US$585,329,040, and the nominal position value is approximately US$573,852,000; 4. The current market value of cash deposits is approximately US$23,224,383, and the nominal position value is approximately US$23,224,383; 5. The current market value of collateral in total net assets is approximately US$720,152,403 USD, with a notional position value of approximately USD 707,794,925.