Paxos has released a forensic report for August 2025, revealing that the total circulation of its stablecoin PYUSD reached 1,169,714,720 tokens as of August 29. The report, conducted by KPMG, also indicated that the nominal value of redeemable collateral in total net assets was $1,173,383,198, exceeding the total PYUSD tokens in circulation.
Additionally, Paxos reported that the market value of its gold-linked token, PAXG, has surpassed $1.15 billion, reaching $1,153,328,709, driven by rising gold prices. This marks a new record high for PAXG's market value.
Paxos Reports PYUSD Circulation Surpasses 1.1 Billion in August
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