The trading volume of tokenized gold has exceeded 1 billion USD, marking a significant milestone since March 2023. This surge is attributed to investors seeking safe-haven assets amid concerns arising from US tariffs implemented by President Trump.
Key tokens such as Paxos Gold (PAXG) and Tether Gold (XAUT) have experienced remarkable growth, with PAXG’s trading volume increasing by over 900%. The rising interest in gold-backed tokens is driven by record prices in physical gold, hitting over 3,100 USD per ounce.
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