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

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

The combined market capitalization of Paxos’ PAXG and Tether’s XAUT, the two largest gold-pegged stablecoins, surpassed $1 billion as the price of gold soared past $2,000 on Tuesday. sndr_krisztian reports

that pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer. It offers investors a way to get exposure to the precious metal without the management fees of an exchange-traded fund or the burden of storing gold bullions.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

sndr_krisztian Is gold worth investing in?

sndr_krisztian To be continued..⚡️⚡️

sndr_krisztian With the current state of technology, this project has the potential to make a significant impact on people's lives. I am excited to see how it develops in the future. XircusWEB3 XircusWEB3 nft dApps web3 Cryptocurrency

sndr_krisztian check meldgold for an Algorand gold token

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 291. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

FTC orders San Diego's Illumina to unwind $7.1B Grail mergerAntitrust regulator reverses previous approval from its its chief administrative law judge; Illumina pledges to immediately appeal in federal court.
Fuente: sdut - 🏆 5. / 95 Leer más »