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Paxos: As of the end of October, the number of USDG Tokens on the Ethereum network exceeded 10.75 million
CoinVoice has learned that Paxos, the stablecoin issuer, has released its first USDG attestation report, which discloses that the number of tokens held in the USDG contract on the Ethereum network as of 5:00 PM Singapore time on October 31, 2024 is 10,750,140. The fair value of the redemption assets is at least equal to or greater than $10,750,140, and the quantity of USDG tokens does not exceed the redemption asset balance stated in the report. [Original Article Link]