Gold-pegged stablecoin prices are pegged to the price of gold. In the case of PAXG (Paxos Gold) and XAUt (Tether Gold), the token represents one troy fine ounce of gold. This chart shows the total exchange volume of these stablecoins.
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Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins may be pegged to a currency like the U.S. dollar or to gold. Includes Paxos Gold (PAXG) and Tether Gold (XAUt) on Ethereum. One token represents one troy fine ounce of gold.
Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins may be pegged to a currency like the U.S. dollar or to gold. Includes Paxos Gold (PAXG) and Tether Gold (XAUt). One token represents one troy fine ounce of gold. Numbers are in USD.
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