Gold prices break through $5,100 to hit a new all-time high, driving the market capitalization of tokenized gold to $5.25 billion. XAUT's market share drops from 60% at the end of 2025 to 50%, with a market value of $2.6 billion. Tether holds 520,089 ounces of gold, increasing holdings by 27 tons in Q4, surpassing most central banks, but competitors like PAXG and KAU are emerging. Societe Generale predicts gold prices will surge to $6,000 by the end of the year.

According to TechFlow on December 5, based on Coinmarketcap data, today's performance of the top 100 cryptocurrencies by market capitalization is as follows: Top 5 Gainers: Zcash (ZEC) up 7.77%, current price $379.96; TRON (TRX) up 1.46%, current price $0.2868; Tether Gold (XAUt) up 1.04%, current price $4,244.47; PAX Gold (PAXG) up 0.98%, current price $4,253.01; Nexo (NEXO) up 0.12%, current price $0.9806. Top 5 Losers: Canton (CC) down 9.51%, current price $0.06823; Aerodrome

Author: ian.btc | 0xWorkhorse, Compilation: Shaw Golden Finance With daily discussions about price movements at the dinner table, crypto skeptics' pessimistic predictions about timelines, and reasonable debates among figures like @notthreadguy, Peter Schiff, and CZ, tokenized gold is becoming an increasingly important consideration as 2026 approaches—even for crypto forum founders to consider. As interest in this topic grows, I receive daily questions about the best ways to acquire on-chain gold, how to use it, and where to access it. Currently, the two most talked-about options are $PAXG (Pax

Tokenization of gold such as PAXG has failed to achieve its original intention of providing low-cost access to real assets, as minting and redemption fees force buyers to pay a premium above spot gold prices. Additionally, structural frictions such as scale limitations and settlement latency further increase price divergence, affecting market liquidity and efficiency, and restricting the scalable development of the asset.

Is the century debate between the gold camp and the Bitcoin camp about to unfold? Famous economist and gold bull Peter Schiff publicly challenged Binance founder CZ Zhao Changpeng on X, wanting to hold a debate titled "Bitcoin vs. Tokenized Gold." Summary: Peter Schiff's tokenization of gold has sparked controversy, and CZ bluntly stated that this is not on-chain gold. Peter Schiff recently announced in an interview video that he will launch a tokenization gold product, allowing users to buy, store, and transfer ownership of gold in physical vaults through a mobile application, and even redeem it for physical gold. (CZ refers to tokenization of gold as off-chain gold, is it a liability discharge for PAXG?) However, CZ immediately responded to the criticism on X: "That's not on-chain gold, but a 'brother trust me' Token, you

Gold bull Peter Schiff plans to launch a tokenization gold product, but is criticized by Binance founder Zhao Changpeng (CZ), stating that tokenized gold is not "on-chain" gold, but just a "trust me bro" token. While there is some truth to this, the community also questions whether he is trying to deflect responsibility for the recent PAXG liquidation incident that occurred at Binance. Saying the

As the spot gold price plummeted to $4,122 per ounce, marking the largest intraday drop since 2013, the prices of tokenized gold Tether Gold (XAUt) and PAX Gold (PAXG) have both fallen over 6% in the past 24 hours. Despite a slight recovery in the overall crypto market, with Bitcoin prices rising above $112,000, these two major tokenized gold tokens have declined against the trend, prompting analysts to speculate that capital is flowing out of gold and rotating into Bitcoin. However, with Bitcoin again retreating to around $108,000, it remains uncertain whether this trend can be maintained.

Market Overview Highlights from Last Week Alpha Juejin: BTC bottomed out at $102,100 on October 11, stopped falling, and began a gradual recovery trend, with the overall structure showing a pattern of "low-level consolidation → short-term rebound"; ETH rebounded from a low of about $3,680 on October 13, encountering short-term resistance above $3,980. Among altcoins, ENA surged over 15.09%, becoming the most eye-catching token; TAO and PAXG also recorded increases of 8.93% and 5.19% respectively, rising against the trend in the short term. On-chain funds: The Starknet ecosystem is gradually recovering, launching Bitcoin staking, institutional onboarding, and a 100 million STRK incentive program centered around "BTCFi", TVL

Recently, gold prices have surged, and the market capitalization of the gold token XAU₮ issued by Tether has surpassed PAXG, reaching 2.2 billion USD. Tether is collaborating with Antalpha to enter the digital gold reserve market, planning to facilitate investments through brokerage accounts. Additionally, gold has become a safe-haven asset, and investor demand for tokenized gold is on the rise.

PAXG, the gold-backed stablecoin pegged to one ounce of physical gold, experienced a dramatic flash spike overnight on October 17, 2025, with contract prices wicking to $4,800 on multiple platforms, reflecting an 8% premium over spot gold trading around $4,326.

Recently, gold has been continuously soaring, but tokenized gold has encountered depeg and liquidation issues, leading one to question whether the so-called real-world assets (RWA) can truly represent real assets. Once assets are on-chain, what problems and risks may arise? What is tokenization gold PAXG? The principle of tokenization of gold is similar to that of stablecoins, with its price pegged to gold. It provides investors with another way to invest in gold, without having to pay ETF management fees or bear the storage costs and carrying risks of physical gold bars. Currently, the largest issuers of tokenized gold are stablecoin issuers Paxos and Tether. For example, with Paxos's PAXG, each PAXG is backed by one troy ounce (.

On October 11, the gold-backed Token PAXG (Pax Gold)瞬間 big dump from $3,950 to $3,087, triggering a massive liquidation wave. Six days later, PAXG experienced another Reverse Long Wick Candle, with the price once breaking through $4,800, resulting in short order Get Liquidated totaling $5.54 million. The community questioned the platform's manipulation suspicion and called for the New York State Financial Service to intervene and investigate the issuer Paxos.

As gold prices continue to hit historic highs, gold-backed crypto tokens (tokenized gold) have become a unique investment vehicle, with a total volume exceeding $3 billion and a daily trading volume surpassing $600 million, making it the fastest-rising tokenized asset class to date. On-chain data shows that over the past week, two crypto whales purchased more than $30 million worth of Tether Gold (XAUt). Analyst Alex Tapscott predicts that as gold prices break through $4,000, the trading volume of tokenized gold could soar, as this asset builds a psychological bridge between traditional finance and Decentralized Finance.

On October 11, 2025, the "lightning crash" swept through the crypto market, with the gold-backed Token PAXG being hit first, its price plummeting 22% in an instant, triggering a liquidation wave of over $1.9 billion globally. This incident not only exposed the vulnerabilities of real-world asset (RWA) trading but also ignited user anger due to suspected interface malfunctions on the Binance platform, prompting the community to call for regulatory intervention. PAXG price flashed a big dump of over 22% On October 11, 2025, the price of PAXG (Pax Gold), which was originally stable and linked to the spot gold, suddenly fell from about $3,950 to $3,087 on the Binance platform, with a drop of up to 22%. On the same day, its volatility reached 31.65%, far exceeding the regular daily volatility range of about 2% for gold. PAXG Binance

Vào ngày 11 tháng 10, trong khi Bitcoin và Ethereum phải đối mặt với sự giảm sút đáng kể, các token được hỗ trợ bởi vàng như PAXG và XAUt vẫn ổn định hoặc tăng nhẹ, phản ánh vai trò lịch sử của vàng như một nơi trú ẩn an toàn trong tài chính. Hội đồng Vàng Thế giới cảnh báo rằng giá vàng đang tăng có thể sớm đạt mức quá mua, gợi ý một sự điều chỉnh ngắn hạn tiềm năng. Trong khi đó, thị trường crypto rộng lớn hơn có thể mất nhiều thời gian hơn để phục hồi do thanh khoản chặt chẽ và tâm lý nhà đầu tư thận trọng giữa những căng thẳng thương mại gia tăng giữa Mỹ và Trung Quốc.

Author: incomprehensible sol Source: X, DtDt 666 This spike-down situation has led many brothers to say that it was a problem with Binance's market makers, including the pegged gold $PAXG which also spiked down. Why do many retail investors say that the price drops as soon as they buy and rises as soon as they sell? So, what do market makers do? And how do they operate? 1. Fee Rebate 2. Bidirectional orders, small spread price difference profits after both parties complete transactions, accumulate thin profits, essentially capturing liquidity through time and information delays. 3. Price discovery, helping the market price efficiently and providing liquidity. 4. Market making, manipulating the market, selling liquidity to retail investors in conjunction with news. The original English term for "做市商" is Market Maker. In other words, in places where there is no market, market makers create a market. First of all, if you are a

According to Mars Finance, Paxos has officially released a verification report for the stablecoin PYUSD, issued by KPMG, one of the "Big Four" accounting firms, for August 2025. The report reveals that the total circulation of PYUSD tokens has risen to 1,169,714,720 as of August 29; the value of the redeemable collateral notional size in total net assets is $1,173,383,198, which is higher than the total circulation of PYUSD tokens. Additionally, Paxos data shows that as gold prices rise, its gold-backed token PAXG has surpassed a market capitalization of $1.15 billion, currently reported at $1,153,328,709, setting a new record high.

As gold prices continue to soar recently, it has also sparked the interest of criminal groups: within just 48 hours, major gold theft cases have been reported consecutively in Hong Kong, Paris, and Cairo, with estimated losses reaching over a hundred million. (Background: What is the difference between the World Gold Council's proposed digital gold PGI and PAXG, XAUT?) (Context: Reviewing the Federal Reserve's interest rate cut cycle: What are the next steps for Bitcoin, U.S. stocks, and gold?) Recently, gold prices have repeatedly hit historical highs, and after the U.S. Federal Reserve announced the resumption of interest rate cuts this morning (18th), gold prices briefly broke through the $3,700 mark. However, as gold prices continue to soar recently, it has also sparked the interest of criminal groups: within just 48 hours, major gold theft cases have been reported consecutively in Hong Kong, Paris, and Cairo, with estimated losses reaching over a hundred million. Price movement of gold. Source: Trading View Three major gold theft cases.

Author: J.A.E, PANews On September 3, 2025, Ray Dalio, the founder of Bridgewater Associates, stated on the X platform that the U.S. dollar debt dilemma is one of the factors driving up the prices of gold and cryptocurrencies. On the same day, international gold prices hit a historic high of $3,578.32 per ounce. Meanwhile, the market size of tokenized gold in the cryptocurrency industry has surpassed $2.6 billion, and Tether has recently been reported to be in talks to invest in gold mining. As the gold market continues to soar, with frequent good news from the front lines and a bright outlook, a wave of "digital transformation" has emerged within. Recently, the World Gold Council (WGC) collaborated with the top international law firm Linklaters to release a groundbreaking white paper, officially proposing "wholesale digital gold".

Investors in cryptocurrency should watch the Relative Strength Index (RSI) for signals of overbought conditions. PAX Gold (PAXG) and Redstone (RED) both show high RSI levels, indicating potential risks for traders considering these assets this weekend.

Gold-backed tokens surpassed $2.57B as XAUT and PAXG hit records, fueled by rising gold prices and strong institutional safe-haven demand. Solana approved Alpenglow upgrade, cutting block finality to milliseconds, restructuring fees, and boosting security—positioning Solana as a faster, more

The market for gold-backed crypto tokens has surged to record highs, reaching a total capitalization of $2.57 billion. Tether's XAUT and Paxos' PAXG tokens have led this growth with significant inflows, as gold prices approach their peak.

Gold prices have risen over 27% against the USD since late 2024, leading to a surge in demand for gold-backed tokens like PAXG and XAUT. Their wallet counts increased significantly, reflecting growing confidence in digital assets linked to precious metals as a reliable storage option in a volatile financial market.

Key points: The combination of gold and stablecoins has advantages, but future development also needs to overcome some obstacles. If the mechanisms are improved, gold stablecoins can serve the functions of value storage, as well as payment and settlement under specific conditions. Gold-backed stablecoins: The quietly rising "new darling" of the crypto world After the US dollar stablecoin became the hottest "star currency" in the stablecoin market, gold stablecoins have also quietly risen. As the name suggests, gold stablecoins are cryptocurrencies that are pegged to gold, and they share the same characteristics as other types of stablecoins, namely value stability and decentralization. The gold stablecoin market currently presents a "dual hegemony" situation, with Tether's XAUT and Paxos' PAXG each accounting for nearly half of the market share. As of June 2025, the market capitalization of gold stablecoins reached $1.6 billion, accounting for about 0.67% of the total stablecoin market capitalization.

Tether Gold (XAUT) leads with over $833M in market capitalization and consistent price stability. PAX Gold (PAXG) shows strong correlation with physical gold, trading at $3,396.27 with moderate volume. Comtech Gold (CGO) and VNX Gold (VNXAU) maintain lower market caps but offer full issuance

In a move that merges traditional value with futuristic execution, the Simpfor platform has officially added support for PAXG, allowing users to copy-trade digital gold seamlessly on Hyperliquid. The integration marks a groundbreaking moment not just for on-chain trading enthusiasts, but for

On May 24, among the top 100 crypto assets by market capitalization, the top five with the highest rise are AAVE, TRX, NEXO, PAXG, and FROM, with rises ranging from 0.29% to 2.57%; the top five with the highest fall are JUP, TIA, WIF, FARTCOIN, and BONK, with falls ranging from 8.60% to 9.69%.

In recent news that redefines how investors engage with commodities, decentralized futures exchange RabbitX has partnered with regulated blockchain infrastructure firm Paxos to introduce 24/7 perpetual gold futures powered by the Paxos Gold (PAXG) token. The collaboration aims to unlock

Coinbase will list PAX Gold (PAXG), an asset linked to gold prices on the Ethereum network, due to the recent development. Gold-backed cryptocurrencies like PAXG are gaining popularity, yet caution is advised due to potential risks associated with less regulated companies.

Coinbase has added Pax Gold (PAXG) token to its listing roadmap. PAXG is known as a cryptocurrency backed by gold prices and has gained popularity following recent increases in gold prices.

Coinbase recently announced the delisting of five cryptocurrencies due to new versions being released, impacting their listing criteria. This move follows a similar delisting action for Movement (MOVE), while new listings include Mantle (MANTLE) and Worldcoin (WLD) tokens. Additionally, support for perpetual futures of ZORA and PAXG was added on Coinbase International exchange and Coinbase Advanced.

In April 2025, the market capitalization of Tether Gold reached $770 million, with each Token valued at $3,123.57. Gold, as the cornerstone of global wealth, is making a comeback and experiencing rapid rise in digital gold assets. The market capitalization of gold RWA reached $1.45 billion, with PAXG and XAU₮ accounting for over 95% of the market capitalization, becoming the leaders. The success of gold RWA is related to physical backing and high Compliance standards, showcasing the new significance and challenges of gold in the digital world.

Tether has launched the gold stablecoin XAU₮, backed by 7.7 tons of gold, providing investors with an alternative investment method. XAU₮ is backed 1:1 by gold stored in a dedicated vault in Switzerland, with issuance under strict regulation and a market capitalization of approximately 770 million USD. Investors can purchase PAXG and XAU₮ to invest in gold through exchanges or Decentralized Finance. Global economic uncertainty is driving the growth of Tether Gold, proving that the inventory reflected in the middle is more important than the price.

As gold breaks through the historic $3,500 per ounce mark for the first time, a new record is being established in decentralized finance. Tokenized gold assets—which are mostly $PAXG (Paxos Gold) and $XAUt (Tether Gold)—have exceeded a whopping $102 million in monthly trading volume on decentralize

April 23 Crypto Assets market performance: The top five gainers include DEEP rising 59.21%, XCN rising 26.34%, SUI rising 23.42%, WAL rising 18.06%, FLOKI rising 13.21%; The top five losers are PAXG falling 4.12%, XAUT falling 4.02%, TAO falling 2.65%, NEXO falling 2.28%, HYPE falling 1.90%.

Cryptocurrencies backed by gold like Paxos Gold (PAXG) and Tether Gold (XAUT) surged to all-time highs, reflecting a safe-haven shift towards gold amid global economic uncertainties. Gold-backed tokens also saw increased market capitalization, contrasting the overall downward trend in the crypto market.

Investors turn to gold, both traditional and digital, in times of market uncertainty. Gold-backed cryptocurrencies like PAXG and XAUT have surged over 23% this year, mirroring the price movement of physical gold.

Gold has surged past $3,000, with predictions of reaching $4,000 by Jeffrey Gundlach due to ongoing momentum and investor interest in inflation hedges and hard assets. Gold-backed cryptocurrencies like PAXG and XAUT have outperformed amid market volatility, showcasing a flight to safety among investors. Central bank actions of increasing gold reserves have fueled the rally, marking a reversal from previous trends of declining holdings.

A whale trader closed 6,210 BTC short positions on Hyperliquid, generating a $4.73 million profit in ten minutes. They then reallocated funds into ETH, PAXG, and Maker, showcasing the impact of whales on market dynamics and potential for short-term volatility.

ONDO's transaction volume has surpassed $500 million, establishing its dominance in the Real World Asset sector. Outperforming competitors like MKR and PAXG, ONDO's strong performance reflects investor confidence and future growth potential.

The tokenization of real-world assets on RWA.xyz has exceeded $13.1 billion. The gold token PAXG has the widest holdings. The total value of Maple Finance and Syrup's lock-up positions has exceeded $600 million. The BUIDL fund has been launched on-chain in 5 blocks, with a total value surpassing $543 million.

Author: Ignas, DeFi researcher; translation: Golden Finance xiaozou Is the Golden Age of Decentralized Stablecoins Coming? Don’t be misled by the drop in the total market value of stablecoins from over $180 billion to $125 billion (DeFi stablecoins account for only 9%). Let's take a look at the exciting changes in DeFi stablecoins to meet the future bull market! Safety first! The non-profit Bluechip has published its economic security ratings for major stablecoins. Which are the highest rated? BUSD, PAXG, GUSD and the safest DeFi stablecoin LUSD. Safer than USDC. LUSD served as a safe haven during the USDC decoupling event in March. DeFi stablecoins like DAI and RAI received a B+, while USDD and Tron USDD received an F. These ratings are important because the ratings...