Gold-backed stability has attracted investors seeking digital exposure to precious metals. PAX Gold (PAXG) and Tether Gold (XAUT) are tokens backed by physical gold reserves, and holders can redeem them for gold.
PAX Gold is listed on multiple U.S. crypto exchanges, including Coinbase, Gemini, and Kraken, while Tether Gold is less accessible in the U.S., with Kraken as the only major exchange offering it. As of Dec. 27, gold costs $4,534 an ounce; PAX Gold trades around $4,560 and XAUT around $4,543.
These tokens offer redemption options for physical gold, and both issuers publish regular reserve attestations. Paxos reports monthly, while Tether publishes quarterly attestations from independent auditors.
Leave a Reply