U.S. five-year and 10-year Treasury yields hit their highest levels since July.
On August 27th, Paxos announced the USDP July third-party report published by Withum, which disclosed that the supply of Pax Dollars ("USDP") tokens shown in contracts on the Ethereum network is 114,706,089. The fair value of Paxos' assets in cash held in U.S. depository institution accounts and debt instruments expressly guaranteed by the full trust and credit of the U.S. government is at least equal to or greater than $114,706,089. (The same is true for Solana network tokens), the USDP supply ...
Paxos officially released the July 2024 PYUSD Transparency Report, disclosing unaudited data related to PYUSD as of 05:00 Beijing time on August 1, 2024, including: Total Tokens Outstanding reached $625,414,560. The current market value of the collateral in U.S. Treasury bonds is approximately $81,453,620, and the nominal position value is approximately $80,915,071. 3. The current market value of the collateral in the U.S. Treasury mortgage reverse repurchase agreement is approximately $552,487,...
According to TheBlock Pro data, the amount of unpositioned squaring of Bitcoin options rose by 35.9% in July, and the amount of unpositioned squaring of Ethereum options also rose by 7.1%. Bitcoin monthly options trading volume reached $56.90 billion, an increase of 31.9%; Ethereum options trading volume fell by 8.1%, reducing to $15.50 billion. In terms of crypto futures, the unpositioned squaring of bitcoin futures rose by 15.6% in July; the unpositioned squaring of Ethereum futures fell by 5....
According to The Block Pro data, the adjusted stablecoin on-chain transaction volume increased by 18.8% in July to reach $997.40 billion, and the stablecoin issuance supply increased by 1.2% to $144.30 billion, of which the market share of USDT and USDC was 78.9% and 17.1% respectively. In addition, the adjusted total on-chain transaction volume of Bitcoin and Ethereum increased by 31.8% to $445 billion, of which the adjusted on-chain transaction volume of Bitcoin rose by 34.7% and Ethereum rose...
More than 40 crypto projects will unlock $755 million worth of crypto assets in July. These projects include AltLayer, Arbitrum, Optimism, and others. According to Token Unlocks data, the project with the largest unlocked volume in July was AltLayer (ALT), which is expected to unlock 684 million tokens worth about $125 million on July 25. It is followed by Xai (XAI), which will unlock about $93 million worth of tokens on July 9. In addition, projects such as Aptos, Arbitrum, Optimism, Sui, Immut...