PAXGUSDT
PAX Gold/Tether·Spot·BINANCE
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About PAXG
Real World Assets
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PAX Gold (PAXG) is a gold-backed stablecoin issued by Paxos Trust Company, where each token represents one fine troy ounce of London Good Delivery gold bars stored in Brink's vaults. As a regulated digital asset, PAXG is backed by physical gold and redeemable for actual gold, providing investors with exposure to gold prices without the need for physical storage. The token operates on both Ethereum and other blockchain networks, enabling global gold trading 24/7 with lower costs compared to traditional gold investments. PAXG holders can trade fractional amounts of gold and benefit from the transparency and auditability of blockchain technology. Paxos, the issuer, is a regulated trust company providing monthly attestations of gold holdings, ensuring the backing of each token. This digital gold solution bridges traditional precious metals investing with modern blockchain infrastructure.
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