According to Foresight News, Paxos published its USDP transparency report in December 2023, revealing unaudited data as of December 29, 2023. The report shows that the total number of tokens in circulation amounted to approximately 372,639 .175 USD, down nearly $74 million from November, representing a decrease of nearly 20%. Additionally, the market value of U.S. Treasury bonds is approximately $181 million.