Paxos Releases August 2024 PYUSD Transparency Report

According to Odaily, Paxos has released its August 2024 PYUSD Transparency Report, providing unaudited data as of 05:00 UTC+8 on September 1, 2024. The report reveals several key financial metrics for PYUSD, including the total tokens outstanding, the market value of collateral in U.S. Treasury securities, reverse repurchase agreements, and cash deposits. The total tokens outstanding for PYUSD reached $908,164,708. The current market value of collateral in U.S. Treasury securities stands at approximately $149,017,480, with a nominal position value of around $148,342,340. Additionally, the market value of collateral in U.S. Treasury reverse repurchase agreements is about $619,324,620, with a nominal position value of approximately $607,181,000. Furthermore, the current market value of cash deposits is reported to be $156,006,044, matching its nominal position value. The total net assets' collateral market value is approximately $924,348,144, with a nominal position value of around $911,529,384.