Paxos releases March PYUSD transparency report: Total circulation drops to approximately 188 million US dollars

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

1. The total amount of tokens in circulation (Total Tokens Outstanding) reached $188,485,924;

2. The current market value of collateral in U.S. Treasury bonds is approximately $14,870,700 and the nominal position value is about $14,800,748;

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

4. The current market value of collateral in total net assets is approximately $192,863328 and the nominal position value is about $189303301.