Paxos releases PYUSD transparency report for April: total circulation rises to approximately $328 million

Paxos officially released the transparency report for PYUSD in April 2024, disclosing unaudited data related to PYUSD as of 06:00 on May 1, 2024 Beijing time, including:

1. Total Tokens Outstanding reached $328,083,103;

2. The current market value of collateral in US Treasury bonds is approximately $14,934,000, with a nominal position value of approximately $14,800,748;

3. The current market value of collateral in reverse repurchase agreements for US Treasury bonds is approximately $320,414,640, with a nominal position value of approximately $314,132,000;

4. The current market value of collateral in total net assets is approximately $335,349,722, with a nominal position value of approximately $328,933,830.