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.

Paxos Reports

In order to release information promptly to the public, Paxos self-reports its portfolio composition 5 business days after month’s end; these reports have not been subjected to independent review.

Jan     Feb    Mar    Apr 

Aug    Sep    Oct    Nov    Dec


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).

Jan      Feb     Mar

Aug    Sep    Oct    Nov    Dec

*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.