{"id":45156,"date":"2025-09-01T21:31:45","date_gmt":"2025-09-01T21:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45156"},"modified":"2025-09-01T21:31:45","modified_gmt":"2025-09-01T21:31:45","slug":"tokenized-gold-market-tops-2-5b-as-the-precious-metal-nears-record-highs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45156","title":{"rendered":"Tokenized Gold Market Tops $2.5B as the Precious Metal Nears Record Highs"},"content":{"rendered":"<div>\n<p>As the price of gold is on the cusp of breaking its April peak, the market size of crypto tokens backed by the precious metal has already surged to fresh all-time highs.<\/p>\n<p>The overall market capitalization of tokenized gold topped $2.57 billion, <a href=\"https:\/\/www.coingecko.com\/en\/categories\/tokenized-gold\">CoinGecko data<\/a> shows, as the two leading offerings, Tether&#8217;s XAUT and Paxos&#8217; PAXG tokens, saw sizable inflows recently. Both tokens&#8217;s are designed to track the price of gold and are backed by physical bars held in vaults.<\/p>\n<p>XAUT (XAUT), issued by the firm that&#8217;s behind the USDT stablecoin, saw a $437 million jump in its supply to a record $1.3 billion, per CoinGecko. Tether&#8217;s Treasury minted 129,000 tokens in early August on the Ethereum network, <a href=\"https:\/\/etherscan.io\/tx\/0x6555014ac92ef3e429bb74c637c693c42a108d4d911771b899fbd6e3c2e2bb9a\">blockchain data<\/a> by Etherscan shows.<\/p>\n<p>PAXG (PAXG), the gold-backed token of U.S.-based stablecoin firm Paxos, swelled to a record market size of $983 million, DefiLlama data shows. That&#8217;s been fueled by $141.5 million net inflows into the token since June.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/135f1d6d1826501876142dbcb983b839448fee1f-1580x846.png?auto=format\" alt=\"PAXG inflows per month (DefiLlama)\" title=\"PAXG inflows per month (DefiLlama)\"><\/p>\n<p>Gold currently traded at around $3,470, just shy of the April 22 peak hit amidst the tariff tantrum.<\/p>\n<p>The precious metal, which is widely considered as a safe haven asset during times of uncertainty, has been resurging lately, driven by a steepening U.S. Treasury yield curve.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/01\/gold-s-rally-has-a-big-catalyst-and-it-could-help-bitcoin-too\">Gold\u2019s Rally Has a Big Catalyst, and It Could Help Bitcoin Too<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As the price of gold is on the cusp of breaking its April peak, the market size of crypto tokens backed by the precious metal has already surged to fresh all-time highs. The overall market capitalization of tokenized gold topped $2.57 billion, CoinGecko data shows, as the two leading offerings, Tether&#8217;s XAUT and Paxos&#8217; PAXG [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45156","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45156"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45156\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}