**Paxos PYUSD Transparency Report Reveals Overcollateralization** 💰: Stablecoin issuer Paxos has released an unaudited PYUSD transparency report as of November 30. The report shows that the total outstanding PYUSD tokens amount to approximately $156.75 million and are overcollateralized. The U.S. Treasury-backed repurchase agreements represent around $160.59 million, with other cash collateral at about $1,178. The market value of collateral among net assets is roughly $160.59 million, providing stability to the PYUSD stablecoin. 📊🏦 #CryptoNews🔒📰🚫
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