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Paxos Gold's TVL Recently Crossed $500 Million

Paxos Gold's TVL Recently Crossed $500 Million

Bitget2024/09/30 22:40
PAXG-0.78%

The total locked-in value (TVL) of the Paxos Gold (PAXG) token recently surpassed $500 million, reaching $508 million. This growth demonstrates the growing interest in gold-backed cryptocurrencies among traditional financial (TradFi) investors.PAXG tokens combine the stability of physical gold with the flexibility of Blockchain technology as a way for lower-risk investors to enter the crypto market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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