PayPal PYUSD stablecoin is 100% backed: Paxos transparency report Post author:MiamiCrypto Post published:September 13, 2023 Post category:paxos / PayPal / PayPal USD / Stablecoin 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. You Might Also Like Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance March 15, 2022 Paypal Seeks to Drive PYUSD Adoption With 3.7% Reward on Users’ Stablecoin Holdings April 23, 2025 Paxos to stop minting BUSD stablecoins for Binance February 13, 2023