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cryptonews 2022-03-16 21:00:00

Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine

The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the USD 1bn mark last week....Read More: Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine

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