#PAG GOLD Crypto (most commonly referring to PAX Gold, ticker PAXG) is a gold-backed digital asset token that combines the stability of physical gold with the accessibility of cryptocurrency. Each PAXG token is backed 1:1 by a fine troy ounce of London Good Delivery gold, securely held in regulated vaults, and monthly audited to ensure transparency and backing. It’s issued by the regulated financial firm Paxos Trust Company and operates as an ERC-20 token on the Ethereum blockchain, allowing it to be traded, stored, or transferred like other cryptocurrencies while representing real ownership of gold without the need to store or transport physical bars. In short, PAXG offers a crypto-friendly way to own and trade gold-linked value — giving holders exposure to gold prices plus blockchain liquidity and ease of use.
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