Paxos releases the December 2024 PYUSD transparency report: total token circulation drops to approximately $497 million

ChainCatcher news, Paxos released the transparency report for the stablecoin PYUSD for December 2024, disclosing unaudited data related to PYUSD. Key points include:

• 1. The total circulation of tokens (TotalTokensOutstanding) has decreased again, reaching $497,959,719;
• 2. The current market value of collateral in the total amount of U.S. Treasury collateralized reverse repurchase agreements is approximately $487,993,500, with a nominal position value of about $478,425,000;
• 3. The current market value of collateral in cash deposits is approximately $21,401,062, with a nominal position value of about $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.