Snapshot 2026-06-30Published 2026-07-10Lag 10dSource Secondary SourceVerified 2026-08-03

USDG Reserve Attestation

Paxos Trust Company, LLC — 2026-06-30

Engagement Details

Period Type: Monthly
Engagement Type: Examination
Standard: AT-C 205
Opinion: Unmodified
Practitioner: Marcum LLP
Assertion Party: Management of Paxos Digital Singapore Pte. Ltd.

Reserve Summary

Total Reserves: $2,500,000,000
Circulating Supply: $2,490,000,000
Coverage Ratio: 100.40%

Composition

Category	Amount (USD)	%
U.S. Treasury Bills	$1,800,000,000	72.00%
Cash at Insured Depository	$700,000,000	28.00%

Custodians

DBS Bank

Scope Notes

Practitioner transitioned from Enrome LLP to Marcum LLP as of Feb 27, 2026. Circulating supply crossed $3B in July 2026; this June snapshot is approximate. Issued under MAS regulation.

GENIUS Act Disclosure Checklist

Factual observations only. See methodology.

✓Monthly disclosure published
✓Examination-level engagement
✓Practitioner PCAOB-registered
✗Executive certification present
✓Composition by category disclosed

Source

Primary source PDF ↗

Source quality: Secondary Source

How to Cite

Reserve Attestation Registry. "USDG Reserve Attestation — 2026-06-30." https://grantstell.com/attestations/paxos-usdg-2026-06 (retrieved 2026-08-03).