Grant StellmacherRegistry
Snapshot 2026-05-29Published 2026-06-25Lag 27dSource Secondary SourceVerified 2026-08-05

USDG Reserve Attestation

Paxos Trust Company, LLC - 2026-05-29

Engagement Details

Period Type
Monthly
Engagement Type
Examination
Standard
Other
Opinion
Unmodified
Practitioner
KPMG LLP
Assertion Party
Management of Paxos Digital Singapore Pte. Ltd.

Reserve Summary

Total Reserves
$2,638,846,632
Circulating Supply
-
Coverage Ratio
-

Composition

CategoryAmount (USD)%
Government Money Market Funds$1,408,550,03853.38%
U.S. Treasury Bills$1,102,909,76041.80%
Cash at Insured Depository$127,386,8344.83%

Custodians

Not disclosed in report.

Scope Notes

May 2026 KPMG redemption assets report (examination dates May 11 and May 29, 2026); assets exceeded redeemable tokens by 0.10% and 0.25%. Money market line aggregates BNY Dreyfus Government Cash Management ($1,404.0M), BNY Mellon U.S. Treasury Fund ($2.3M), and BlackRock ICS U.S. Treasury Fund ($2.2M). Signed by KPMG LLP (Singapore); reports before Feb 27, 2026 were issued by Enrome LLP under ISCA standards.

GENIUS Act Disclosure Checklist

Factual observations only. See methodology.

  • Monthly disclosure published
  • Examination-level engagement
  • Practitioner PCAOB-registered
  • Composition by category disclosed

Source

Primary source PDF ↗

Source quality: Secondary Source

How to Cite

Reserve Attestation Registry. "USDG Reserve Attestation - 2026-05-29." https://grantstell.com/attestations/paxos-usdg-2026-05 (retrieved 2026-08-05).