Paxos releases the second USDG assurance report: the number of Ethereum network tokens increased to 29,386,864 as of the end of November
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2025-01-01 11:32 2,055
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Golden Finance reports that stablecoin issuer Paxos released the second USDG attestation report (attestation reports), which disclosed that as of November 29, 2024, Singapore time, the number of tokens held by the USDG contract on the Ethereum network had increased to 29,386,864, an increase of 18,636,724 from the end of October, and the fair value of the redeemed assets was at least equal to or greater than US$29,467,869. , the amount of USDG tokens does not exceed the redeemed asset balance reported below.
In addition, USDG is a Singapore-compliant stable currency jointly launched by Paxos and DBS Bank, with DBS Bank responsible for the management of U.S. dollar reserves.