#PAXGUSDT
With 2026 central bank gold buying projected to hit 800 tons, the physical floor for gold is rising. PAX Gold ($PAXG), being 1:1 backed by London Good Delivery gold bars, is the most direct way for crypto investors to front-run this massive institutional supply squeeze.
Over $11B in stablecoins on-chain are currently looking for a "Risk-Off" home, $PAXG becoming the favourable beneficiary.
While $SOL and $BTC see outflows, $PAXG has recorded $4.4 billion in net inflows across gold-backed products this week. Large-scale funds are moving into "Hard Assets" to hedge against a cooling US labor market and the potential for a "Warsh-led" recession in late 2026.
Trading ideas: $4,810 level sits just below the 20-day EMA. A break here would suggest a "Double Bottom" retest of $4,500.
