Paxos released its February USDP Transparency Report, with more than $203 million in total circulation

2024-03-21 05:45:37

Odaily Paxos released the Pax Dollar (USDP) February Transparency Report, which disclosed the unaudited financial data of USDP as of 06:00 Beijing time on March 1, mainly including: 1. Total Tokens Outstanding: Approximately $203,051,111; 2. The current market value of the collateral provided by the total amount of the U.S. Treasury collateralized reverse repurchase agreement is $36,445,732 and the notional position is worth $35,731,000; 3. $160,764,519 in cash deposits through the FDIC deposit network and approximately $160,764,519 in other cash deposits with depositary institutions; 4. The current market value of the collateral provided for total net assets is $205,455,605 and the notional position value is $204,739,757.

USDP-0.01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes