Paxos has released an attestation report for its stablecoin PYUSD, prepared by KPMG, one of the "Big Four" accounting firms. The report reveals that as of October 15, the total tokens outstanding for PYUSD reached a record high of 2,638,336,904. The nominal value of redeemable collateral in total net assets stands at $2,652,728,424, exceeding the circulating supply of PYUSD tokens. Notably, Paxos did not release a report for September, but the August report showed a circulation of 1,169,714,720 tokens, indicating a growth of approximately 125.5% over the past two months.
Paxos Reports PYUSD Circulation Hits Record High
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