According to the transparency report data for PYUSD in February 2024 released by Paxos on March 14, the total external circulation of PYUSD was 304,427,933 tokens as of 6 am on March 1, 2024 Beijing time, with a month-on-month growth of about 1.08%.

· The current market value of the collateral in the US Treasury reverse repurchase agreement is about $311,025,637, with a nominal position value of about $304,927,000;

· The market value and nominal position value of the collateral placed in other cash deposits held by the preservation institution are both $812,281;

· The current market value of the collateral in the total net assets is about $311,837,918, with a nominal position value of about $305,739,282.