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