Golden Finance reported that stablecoin issuer Paxos released the first USDG attestation report (attestation reports), which disclosed that as of 5:00 pm on October 31, 2024, Singapore time, the number of tokens held by the USDG contract on the Ethereum network was 10,750,140. The fair value of the redeemed assets is at least equal to or greater than $10,750,140 and the amount of USDG tokens does not exceed the redeemed asset balance reported below. USDG is a Singapore-compliant stablecoin launched by Paxos in cooperation with DBS Bank, with DBS Bank responsible for the management of U.S. dollar reserves.