Paxos releases March PYUSD transparency report: total circulation drops to approximately $188 million

ChainCatcher news, according to the official release from Paxos, the PYUSD transparency report for March 2024 shows that as of April 1, 2024, 06:00 Beijing time, the main audit data is as follows:

• The total tokens outstanding amount to $188,485,924;

• The current market value of collateral in U.S. Treasury securities is approximately $14,870,700, with a nominal position value of about $14,800,748;

• The current market value of collateral in U.S. Treasury collateralized reverse repurchase agreements is approximately $177,991,076, with a nominal position value of about $174,501,000;

• The current market value of collateral in total net assets is approximately $192,863,328, with a nominal position value of about $189,303,301.