TechFlow news: Paxos has released its USDP transparency report for December, showing that the total outstanding tokens amounted to approximately $372 million, a decrease of over $74 million from November, representing a nearly 20% decline.
In addition, the value of U.S. Treasury collateralized reverse repurchase agreements was about $181 million, with the notional value of posted collateral exceeding $177 million.
FDIC-insured cash deposits exceeded $185 million, and other cash deposits at insured depository institutions were approximately $10.97 million, totaling around $196 million.
Previous report: Paxos's December PYUSD transparency report showed total outstanding tokens of approximately $264.5 million, an increase of 68.7% month-on-month.
