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
EU Official: The EU Will Fully Engage to Reach a Mutually Beneficial Agreement with the US
Polygon Co-founder Mihailo Bjelic Resigns, Becomes Third Co-founder to Leave Core Position
BNB falls below $660
The three major U.S. stock indices collectively closed lower
Trending news
MoreCrypto prices
More
