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
XRP falls as interest in NuggetRush rise
As XRP oscillates below a critical resistance level, NuggetRush (NUGX) aims to disrupt the crypto gaming scene
Crypto scams on the rise, government institutions call for regulatory clarity| Weekly recap
Government institutions continue to push for regulatory clarity, with the US Senate introducing a bill to differentiate securities…
Ukraine seizes $1.5m in crypto from former official
The National Anti-Corruption Bureau of Ukraine has seized crypto assets worth $1.5 million from Yury Shchigol, ex-chief of…
