Paxos Releases February 2024 PYUSD Transparency Report
According to the transparency report data for PYUSD in February 2024 released by Paxos on March 14, the total external circulation of PYUSD was 304,427,933 tokens as of 6 am on March 1, 2024 Beijing time, with a month-on-month growth of about 1.08%.
· The current market value of the collateral in the US Treasury reverse repurchase agreement is about $311,025,637, with a nominal position value of about $304,927,000;
· The market value and nominal position value of the collateral placed in other cash deposits held by the preservation institution are both $812,281;
· The current market value of the collateral in the total net assets is about $311,837,918, with a nominal position value of about $305,739,282.
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
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
