Paxos releases June PYUSD transparency report: Total circulation rises to over 499 million US dollars
Bitget2024/07/23 03:57
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Paxos officially released the PYUSD transparency report for June 2024, disclosing relevant unaudited data as of 06:00 on June 29, 2024 Beijing time, including:
1. The total circulation (Total Tokens Outstanding) reached $499,487,564;
2. The current
market value of collateral in U.S. Treasury bonds is approximately $49,550,900 and the nominal position value is about $49,337,950;
3. The current market value of collateral in reverse repurchase agreements with U.S. Treasury bonds is approximately $450,447,300 and the nominal position value is about $441,615,000;
4. The current market value of cash deposits is approximately $10,204663 and the nominal position value is about $10,,204663;
5. The current market value of collateral in total net assets is approximately $510,,202863 and the nominal position value is about $$501157613.
0
0
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!
You may also like
Crypto prices
MoreBitcoin
BTC
$80,472.45
+0.75%
Ethereum
ETH
$2,327.61
+0.34%
Tether USDt
USDT
$0.9986
+0.02%
BNB
BNB
$751.32
+1.21%
XRP
XRP
$1.31
+0.20%
USDC
USDC
$0.9998
+0.02%
Solana
SOL
$100.78
+0.78%
TRON
TRX
$0.3312
+1.01%
Zcash
ZEC
$1,281
+1.44%
Hyperliquid
HYPE
$79.62
+1.04%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now