The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
Related Posts
Ether Machine raises $654M in ETH in private financing ahead of Nasdaq listing
Ethereum-focused firm The Ether Machine secured $654 million in private financing from Jeffrey Berns, aiming to go public…
Cardano releases development updates, ADA is recovering
Cardano has just released this week’s updates highlighting the technical developments on the network, including smart contracts, governance,…
Donald Trump releases fourth NFT collection
Republican presidential candidate Donald Trump announced his fourth NFT collection with bonus trading cards via Bitcoin Ordinals. Titled…
