Paxos releases February PYUSD transparency report, total circulation exceeds $304 million

Paxos released the PYUSD transparency report in February 2024, disclosing the relevant unaudited data of PYUSD as of 06:00 on March 1, 2024, Beijing time, including: 1. Total Tokens Outstanding is US$304,427,933; 2. The current market value of the collateral in the U.S. Treasury collateralized reverse repurchase agreement is approximately $311,025,637, with a notional position value of approximately $304,927,000; 3. The market value and notional position value of collateral held in other cash deposits with insured depository institutions are both $812,281; 4. The current market value of the collateral in total net assets is approximately $311,837,918 and the notional position value is approximately $305,739,282.