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Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

Altszn.com by Altszn.com
April 4, 2023
in Blockchain, Crypto, DeFi, Web3
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Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High
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The two largest gold stablecoins – by far – are pax gold (PAXG), issued by the New York-based fintech firm Paxos Trust Company, and tether gold (XAUT), issued by Tether, the same company behind the $80 billion-pegged stablecoin USDT. At the time of publication time, the market cap of PAXG and XAUT is $518 million and $499 million, respectively, per CoinGecko data.



Read More: www.coindesk.com

Tags: AllTimeAssetCapDeFigoldHighMarketnearsPhysicalPriceSurpassesTokenized
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