PANews reported on October 25th that Paxos released an assurance report on its stablecoin, PYUSD, issued by KPMG, one of the "Big Four" accounting firms. The report revealed that as of October 15th, the total outstanding PYUSD tokens (Total Tokens Outstanding) had risen to 2,638,336,904, a record high. The notional value of redeemable collateral in total net assets was $2,652,728,424, exceeding the total outstanding PYUSD tokens. Paxos reportedly did not release its September assurance report, but in August, it reported a total outstanding PYUSD token of 1,169,714,720, representing a 125.5% increase in the past two months.
PYUSD Forensic Report: Total Circulation Exceeds 2.6 Billion, a New High, Up 125.5% from August
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