TechFlow reported on January 14 that Paxos released the December 2024 PYUSD transparency report, showing a decline in token circulation to $497 million. The report revealed that the total market value of collateral assets reached $509 million, with reverse repurchase agreements (RRPs) of U.S. Treasury bonds accounting for 95.8%, or approximately $488 million, and cash deposits amounting to about $21.4 million. The collateralization ratio remained above 102%, with a weighted average maturity of 2 days. The report indicated that部分 bank deposits exceeded FDIC insurance limits, potentially exposing them to risks in the event of bank failures.
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