Decline in PYUSD circulation: Paxos’ latest transparency report indicates a decrease in the circulation of PYUSD. As of November 30, 2024, the total circulation of PYUSD tokens is valued at approximately 539,827,757 USD, highlighting a reduction compared to previous reports.
U.s. treasury agreements backing: The main source of support for PYUSD comes from U.S. Treasury reverse repurchase agreements, which hold a substantial market value of about 450,079,080 USD. These agreements play a critical role in ensuring the financial stability of the stablecoin.
Total net assets backing PYUSD: The total net assets backing PYUSD were reported at a market value of 551,139,357 USD. Cash deposits, totaling approximately 26,268,777 USD, further reinforce the stablecoin’s security, offering stakeholders confidence in its asset backing.