According to TechFlow, Paxos officially released the PYUSD transparency report for January 2024. As of 06:00 Beijing time on February 1, 2024, the total amount of PYUSD outstanding tokens exceeded US$301 million, an increase of approximately 13.8% from the previous month. Currently, the market value of the collateral held by PYUSD in the U.S. Treasury bond collateralized reverse repurchase agreement is approximately US$303 million, and the nominal position value is approximately US$297.5 million. The market value and nominal position value of the collateral in other cash deposits deposited in insured depository institutions are both US$1,516. The current market value of the collateral in the total net assets is approximately US$308 million, and the nominal position value is approximately US$302 million. Paxos said that the U.S. Treasury bond reverse repurchase agreement is a two-party contractual arrangement used to reduce transaction risks.