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
Pudgy Penguins: Has reached a collaboration with the creative studio LINE FRIENDS's Minini
The meme coin sector generally fell, with DOGE falling 6.1% in 24 hours
Musk's team has obtained access to the U.S. Treasury Department's payment system
Trending news
MoreCrypto prices
More
