Paxos officially released the Stablecoin Pax Dollar (USDP) June Transparency Report, which disclosed the unaudited financial data of USDP as of 05:00 Beijing time on June 29, mainly including:
Total Tokens Outstanding is approximately $121,706,620.
2. The current market value of the collateral provided by the total amount of the US Treasury mortgage reverse repurchase agreement is $8,877,060, and the nominal position value is $8,703,000.
3. Cash deposits through the FDIC deposit network are approximately $110,479,160, and other cash deposits from depository institutions are approximately $3,105,360.
The current market value of the collateral provided for the total net assets is $122,461,580, and the nominal position value is $122,287,520.
Paxos Releases Stablecoin USDP June Report: Total Outstanding Tokens Drop to About $121 million
2024-07-23 07:55:19
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