A spokesperson from Paxos stated that the recent decoupling of the stablecoin USDP was due to issues with the pricing aggregator, rather than the protocol itself. These platforms obtain pricing data from trading platforms. Yesterday, the USDP price on certain trading platforms experienced significant fluctuations, which affected the price of USDP on the pricing aggregator. Paxos does not control the markets or trading activities of other trading platforms.

Paxos officially released the March Pax Dollar (USDP) transparency report, which disclosed unaudited financial data of USDP as of 06:00 on March 30th Beijing time, mainly including:1. The total amount of outstanding tokens is about $147,984,690, a decrease of $55,066,421 from February 2024;2. The total amount of US Treasury repurchase agreements providing collateral with a current market value of $20,449,082, and a nominal position value of $20,048,000;3. Cash deposits of $125,674,956 through the FDIC deposit network, and other cash deposits held by preserving institutions of about $125,674,956;4. The current market value of the total net assets provided as collateral is $149,191,905, and the nominal position value is $148,790,824.Paxos stated that the US Treasury reverse repurchase agreement is a contractual arrangement between two parties, in which one party agrees to sell securities to the other party at a designated price and promises to buy back the securities at another (usually higher) designated price later. If the counterparty defaults, Paxos can liquidate the US Treasury collateral to offset the loss, and since all transactions are over-collateralized, the risk of loss is not considered significant.

Paxos has released its February transparency report for Pax Dollar (USDP), which includes unaudited financial data up to 06:00 on March 1st Beijing time. The report includes: 1. Total Tokens Outstanding of approximately $203,051,111, a decrease of over $150 million from January 2024; 2. The total amount of US Treasury Reverse Repurchase Agreements providing collateral with a current market value of $36,445,732 and a nominal position value of $35,731,000; 3. Cash deposits of $160,764,519 through the FDIC deposit network, with other cash deposits held by custodial institutions of approximately $160,764,519; 4. The current market value of the total net assets providing collateral is $205,455,605, with a nominal position value of $204,739,757. Paxos stated that US Treasury Reverse Repurchase Agreements are contractual arrangements between two parties, where one party agrees to sell securities to the other party at a specified price and commits to buy back the securities at another (usually higher) specified price later. If the counterparty defaults, Paxos can liquidate the US Treasury collateral to cover losses. As all trades are over-collateralized, the risk of loss is not considered significant.

Paxos has released its transparency report for December, which includes unaudited financial data for the Pax Dollar (USDP) as of 06:00 on December 30th Beijing time. The report includes:<br>1. Total Tokens Outstanding of approximately $372,639,175, a decrease of over $74 million or nearly 20% from November;<br>2. The total market value of the US government repurchase agreements (reverse repos) is approximately $181 million, with a nominal position value of over $177 million;<br>3. Cash deposits exceeding $185 million through the FDIC deposit network, with other cash deposits held by the deposit-taking institutions totaling approximately $10.9677 million, for a total of approximately $196 million.<br>Paxos stated that the US government repurchase agreements are contractual arrangements between two parties, where one party agrees to sell securities to the other party at a specified price and promises to buy back the securities at another (usually higher) specified price later. If the counterparty defaults, Paxos can liquidate the US government bonds collateral to offset the loss. As all transactions are over-collateralized, the risk of loss is not considered significant.

According to a report released by Paxos in December, PYUSD transparency report revealed unaudited data related to PYUSD as of December 30, 2023 at 06:00 Beijing time, including:

Paxos has received preliminary approval from Abu Dhabi's regulator to issue stablecoins and provide digital asset services. The Financial Services Regulatory Authority in the Abu Dhabi Global Market granted Paxos in-principle approval to issue U.S. dollar-backed stablecoins and offer crypto-brokerage and custody services in the Emirate. This follows a similar approval from regulators in Singapore, where Paxos plans to launch a U.S. dollar-backed stablecoin. Paxos plans to expand the use of its stablecoins upon full approval and emphasizes transparency regarding its stablecoin reserves.

Paxos, the issuer of stablecoins, has received in-principle approval from the Monetary Authority of Singapore for its Singapore entity to provide digital payment token services in Singapore. It plans to collaborate with corporate clients to issue a new USD-backed stablecoin after obtaining full approval.

Regulated blockchain infrastructure platform Paxos has announced that TD Securities is the latest financial institution to join Paxos' commodity settlement service. Paxos will facilitate simultaneous settlement of cash and bulk commodity transactions for the first time in the precious metals market. As part of the network, Paxos will be able to facilitate fully automated settlement of both traditional and digital precious metal transactions and simplify operations.

F2Pool co-founder Wang Chun posted a message regarding "Paxos claiming nearly 20 BTC fees", stating that due to time zone differences, the claim was actually made after the original deadline. Wang Chun said: "I am very angry and regret agreeing to return those 20 BTC. Especially when I saw the claimant always saying it was EST instead of EDT/UTC time. The last time someone did this with Zcash, I banned his entire company."

September 13th, Paxos released its first PYUSD transparency report, which disclosed unaudited data on PYUSD as of August 31st EST, including: the total outstanding amount of unpaid tokens (Total Tokens Outstanding) is about $44.37 million; the current market value of the collateral for the US Treasury repo agreement is $43.86 million, with a nominal position value of $43 million; the current market value of the collateral for other cash deposits held by the custodian is about $1.5 million; the current market value of the collateral in total net assets is $45.36 million, with a nominal position value of $44.5 million.