Paxos officially released the May Transparency Report of the stablecoin Pax Dollar (USDP), which disclosed the unaudited financial data of USDP as of 05:00 Beijing time on June 1, mainly including:
Total Tokens Outstanding is approximately $145,982,340.
2. The current market value of the collateral provided by the total amount of the US Treasury mortgage reverse repurchase agreement is $33,734,460, and the nominal position value is $33,073,000.
3. Cash deposits through the FDIC deposit network were approximately $110,495,008, and other cash deposits from depositary institutions were approximately $3,049,149.
The current market value of the collateral provided for the total net assets is $147,279,616, and the nominal position value is $146,618,156.
Paxos Releases Stablecoin USDP May Report: Total Outstanding Tokens Approximately $145 million
2024-07-02 12:00:48
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