Paxos Gold's TVL Recently Crossed $500 Million
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.
You may also like
"7 Siblings" accumulate over 15,000 more ETH, bringing total holdings to $464 million
The US Dollar Index (DXY) breaks above the 100 mark for the first time since August 1.
Trump urges New Yorkers to vote for Cuomo in the mayoral election
Today’s Fear and Greed Index drops to 21, shifting from Fear to Extreme Fear.
Trending news
MoreCrypto prices
More
