Paxos Releases August Attestation Report by KPMG: PYUSD Token Circulation Surpasses 1.1 Billion

Jinse Finance reported that Paxos officially released the attestation report for the stablecoin PYUSD for August 2025, issued by KPMG, one of the "Big Four accounting firms." The report disclosed that the total tokens outstanding for PYUSD had risen to 1,169,714,720 as of August 29. The notional value of redeemable collateral in total net assets was $1,173,383,198, which is higher than the total tokens outstanding of PYUSD. In addition, Paxos data also showed that as gold prices increased, the market capitalization of its gold-backed token PAXG has surpassed $1.15 billion, currently reported at $1,153,328,709, marking a new all-time high.