that Paxos officially released the transparency report of stablecoin PYUSD for December 2024, disclosing unaudited data related to PYUSD, including:

1. The total amount of circulating tokens (Total Tokens Outstanding) has once again decreased, reaching $497,959,719;

2. The current market value of collateral in the total amount of US Treasury repurchase agreements is approximately $487,993,500, with a nominal position value of approximately $478,425,000;

3. The current market value of collateral in cash deposits is approximately $21,401,062, with a nominal position value of approximately $21,401,062;

4. The current market value of collateral in total net assets is $509,394,562, with a nominal position value of $499,826,062.