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PAX Gold PAXG |
BUY
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$4742.45 |
-0.18% (24h) |
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Marketcap |
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$2,407,468,068 |
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Volume 24h |
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$204,084,852 |
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Description
PAX Gold (PAXG) is a regulated stablecoin where each token represents ownership of one fine troy ounce of a London Good Delivery gold bar. The gold is held in secure vaults at Brink’s and is managed by the Paxos Trust Company, ensuring that the asset is always fully collateralized by physical metal. Users can trade gold with the speed and efficiency of a digital asset while maintaining the security of institutional-grade physical custody. PAXG allows for the fractional ownership of gold, making it accessible to investors of all sizes who want to hedge against inflation using the world's oldest store of value.