Paxos releases September PYUSD transparency report: total circulation drops to approximately $700 million

ChainCatcher message, Paxos officially released the PYUSD transparency report for September 2024, disclosing relevant unaudited data as of August 31, 2024, 05:00 Beijing time, including:

1. Total Tokens Outstanding decreased to $709,794,225;

2. The current market value of collateral in U.S. Treasury securities is approximately $111,598,980, with a nominal position value of about $110,718,542;

3. The current market value of collateral in U.S. Treasury collateralized reverse repurchase agreements is approximately $585,329,040, with a nominal position value of about $573,852,000;

4. The current market value of cash deposits is approximately $23,224,383, with a nominal position value of about $23,224,383;

5. The current market value of collateral in total net assets is approximately $720,152,403, with a nominal position value of about $707,794,925.