#PAXG #Latestcryptonews #coin
PAXG, the gold-backed token that represents physical gold on blockchain, is gaining traction as tokenized gold demand climbs amid macroeconomic uncertainty. Recent data shows PAXG’s market cap has topped over $2 billion, driven by stronger institutional and retail interest in digital precious metals with 24/7 liquidity and fractional ownership. PAXG’s backing by allocated LBMA-certified gold and oversight like NYDFS regulation adds confidence for many investors. Traders and DeFi users increasingly use PAXG as a hedge against market volatility while benefiting from easier access compared to physical gold. Despite risks like custody and price swings, digital gold remains in focus.
PAXGUSDT
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