Paxos releases February PYUSD transparency report: Total circulation of 304 million US dollars

2024/03/14 04:26

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The official Paxos released the PYUSD transparency report for February 2024, disclosing the relevant unaudited data of PYUSD as of 06:00 on March 1, 2024 Beijing time, including:

1. The total amount of tokens outstanding reached $304,427,933;

2. The current market value of collateral in the U.S. Treasury repurchase agreement is approximately $311,025,637 and the nominal position value is about $304,927,000;

3. Both the market value and nominal position value of collateral stored in other cash deposits by depositary institutions are $812381;

4. The current market value of collateral in total net assets is approximately $311837918 and its nominal position value is about $305739282.

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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Paxos releases February PYUSD transparency report: Total circulation of 304 million US dollars

You may also like

Crypto prices