đŸ”„Hot news is here! Paxos has just released the PYUSD transparency report for May 2024. Let's take a look! 👀

According to the report, as of 06:00 Beijing time on June 1, 2024, the total circulation of PYUSD has reached an astonishing $444,103,023! 💰The growth rate of this number is really amazing, and the future of Bitcoin is promising! 🚀

The report also disclosed that the current market value of collateral in U.S. Treasuries is approximately $29,682,100, and the nominal position value is approximately $29,603,481. At the same time, the current market value of collateral in U.S. Treasury bond-collateralized reverse repurchase agreements is approximately $424,567,860, and the nominal position value is approximately $416,243,000. 📈

Finally, the report shows that the current market value of collateral in the total net assets is approximately $454,251,126, and the notional position value is approximately $445,847,647. These data undoubtedly provide us with a comprehensive understanding of PYUSD and make us full of confidence in the future of the blockchain industry! 🌟

The above is all the content of this newsletter, let us look forward to the next update together! 🎉