{"id":50136,"date":"2025-09-29T20:16:40","date_gmt":"2025-09-29T20:16:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50136"},"modified":"2025-09-29T20:16:40","modified_gmt":"2025-09-29T20:16:40","slug":"tokenized-gold-market-nears-3b-as-bullion-blasts-to-fresh-record-highs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50136","title":{"rendered":"Tokenized Gold Market Nears $3B as Bullion Blasts to Fresh Record Highs"},"content":{"rendered":"<div>\n<p>Gold\u2019s historic rally accelerated on Monday, with spot prices punching through $3,800 per ounce to set fresh all-time record, extending a torrid year in which bullion is up roughly almost 47% year-to-date.<\/p>\n<p>That surge is echoing on across crypto rails, with gold-backed tokens climbing to an all-time high market capitalization of $2.88 billion, <a href=\"https:\/\/www.coingecko.com\/en\/categories\/tokenized-gold\">CoinGecko data<\/a> shows. Tokenized versions of the metal are backed by physical reserves but settle on blockchain rails, offering round-the-clock trading and near-instant transfers.<\/p>\n<p>Tether Gold (XAUT) and Paxos&#8217; PAX Gold (PAXG), both tokens issued by firms predominantly known for their stablecoins, are dominating the category. XAUT\u2019s capitalization stood near $1.43 billion and PAXG\u2019s at roughly $1.12 billion, both at their respective all-time highs.<\/p>\n<p>Liquidity has swelled alongside the rally, too. PAXG attracted more than $40 million in net inflows during September and set a fresh trading volume record surpassing $3.2 billion in monthly turnover.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/a4c73f8904e1aa2f5512b89ce7f72f82c7af6df0-1528x612.png?auto=format\" alt=\"PAXG market cap and token volume (DeFiLlama)\" title=\"PAXG market cap and token volume (DeFiLlama)\"><\/p>\n<p>XAUT also posted a record $3.25 billion in monthly volume, per DeFiLlama. Meanwhile, the token&#8217;s market cap growth came solely from the underlying metal&#8217;s appreciation, as no new token minting happened this month after August&#8217;s $437 million jump.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/794d8b12230e62f33eb7f98245db6bd36f6c3644-1542x606.png?auto=format\" alt=\"Tether Gold (XAUT) market cap and trading volume (DeFiLlama)\" title=\"Tether Gold (XAUT) market cap and trading volume (DeFiLlama)\"><\/p>\n<p>The tokenized gold market could continue gaining as macro conditions remain supportive for the yellow metal. Investors expectations mount for more Federal Reserve rate cuts and a softer U.S. dollar, while anxiety builds over a possible government shutdown in the U.S. Meanwhile, bitcoin (BTC), often dubbed as &#8220;digital gold,&#8221; is lagging behind gold with a 22% year-to-date return.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/22\/bitcoin-to-join-gold-on-central-bank-reserve-balance-sheets-by-2030-deutsche-bank\">Bitcoin to Join Gold on Central Bank Reserve Balance Sheets by 2030: Deutsche Bank<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold\u2019s historic rally accelerated on Monday, with spot prices punching through $3,800 per ounce to set fresh all-time record, extending a torrid year in which bullion is up roughly almost 47% year-to-date. That surge is echoing on across crypto rails, with gold-backed tokens climbing to an all-time high market capitalization of $2.88 billion, CoinGecko data [&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-50136","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\/50136","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=50136"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50136\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}