According to Odaily Planet Daily, Paxos officially released the June transparency report of the stablecoin Pax Dollar (USDP), disclosing the unaudited financial data of USDP as of 05:00 Beijing time on June 29.
The total amount of tokens outstanding is approximately $121,706,620.
The total amount of U.S. Treasury-collateralized reverse repurchase agreements provided collateral with a current market value of $8,877,060 and a notional position value of $8,703,000.
Cash deposits through the FDIC deposit network amounted to approximately $110,479,160, and other cash deposits at insured depository institutions amounted to approximately $3,105,360.
The current market value of the provided collateral for total net assets is $122,461,580 and the notional position value is $122,287,520.