Tokenized gold tops $1 billion market cap amid banking crisis concerns

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TheBlock__ /  🏆 464. in KR

KinesisMonetary has about $78 million in KAU (their gold token). That should probably be on your list as well - 1201463.1598 grams in circulation.

Insane. how badly do central banks have to fuck up for people to convert significant capital into a 'gold backed' IOU from Tether_to from their bullshit federalreserve tax coupons?

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Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price HighThe 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 sndr_krisztian check meldgold for an Algorand gold token 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 To be continued..⚡️⚡️
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Wall Street mixed as inflation concerns resurface, energy stocks jumpRising oil prices stoked concerns about more interest rate hikes from the Fed. BIDENFLATION BIDENFLATION BIDENFLATION
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