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

📆 05.04.2023 3:12:00
📰 CoinDesk

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

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

Написать комментарий

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

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: sdut - 🏆 5. / 95 Прочитайте больше »