PayPal USD (PYUSD) Transparency Reports
Transparency Reports
Issued by Paxos Trust Company, PayPal USD (PYUSD) is PayPal’s stablecoin designed for payments.
Fostering trust through verification
As the first regulated blockchain infrastructure platform, Paxos has a policy commitment to ensure up-to-date attestations are made available.
In keeping with that commitment, Paxos publishes attestation reports each month.
In keeping with that commitment, Paxos publishes attestation reports each month.
Attestations*
Attestation reports are issued by WithumSmith+Brown, PC, an independent third-party accounting firm. Withum’s examination is conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).
*WithumSmith+Brown, PC is an independent third-party accounting firm. Their appointment as Paxos’ examination provider has been approved by Paxos’ prudential regulator, the New York Statement Department of Financial Services, as detailed in Section 3 of their Dollar-Backed Stablecoins guidance.
Regulation & Transparency
As a regulated financial institution, Paxos maintains a deep commitment to stringent risk management and due diligence practices.
We publish monthly reserve reports on Paxos-issued digital assets to ensure full transparency and reliability of our financial data.