The value of cryptocurrencies supported by gold, such as the gold storm (Xaut) y Pax Gold (Paxg), increased sharply last month. This is largely due to the increase in economic uncertainty in the world.
Attached (Usdt) He also revealed that he had 7.7 tonnes of physical gold that support the Xaut tokens in his safe.
The demand for safe shelters pushes cryptocurrencies in gold upwards
As indicated in Market updates At the beginning of the month, the President of the United States, Donald Trump, presented new import rates on April 2. Since then, the demand for safe investments such as gold has drawn. TETHER GOLD and PAXOS Gold reached new historic maximum maximums of $ 3,529 and $ 3,520 per token, respectively, on April 22.
Other golden back tokens, such as Quorium (QGOLD) and Kinesis Gold (KAU), have also recorded impressive income of 8.5% and 7.6% respectively in the last 30 days.
But Bitcoin as inflation protection
The role of classic gold as a protection against inflation resurfaces as economic tensions increase in the world. From the “Liberation Day”, the day Trump announced the prices, the price of gold went from $ 3,115 to 3,335 per Onza Troy (31.1 grams).
Interesting fact, he also did Bitcoin (BTC)often described as digital gold. He accurate From the BTC, it increased by 8% during the same period. This underlines the trend of investors to flee to assess assets, both physical and digital, in times of uncertainty.
Real active assets
The rise of cryptocurrencies supported by gold is part of a broader trend: the conversion of active world active into digital active ingredients. According to Rwa.xyzThe market value of this form of digital assets is $ 21.6 billion. This represents an increase of 8.6% in a month.
Tether Gold and Paxos Gold claim to be fully supported by physical gold, stored in Switzerland and London. This type of investment offers advantages such as instant liquidation and the possibility of using tokens for payments, which traditional gold investments do not offer.
Report supported by the cryptocurrency giant of Tether
Tether, one of the main stablecoin issuers, published his first report on Tether Gold (Xaut). The report revealed This, in the first quarter of 2025, more than 7.7 tonnes of physical gold support their digital gold product.
The company shared the report on April 28. She pointed out that on March 31, there were 246,524.33 XAUTs supported by gold in circulation. Each file is linked 1: 1 to an ounce of physical gold. This is equivalent to 246,524.33 ounces or more than 7.7 tonnes of gold.
“With Xaut, we offer users the possibility of accessing the safety of numerically physical gold. This is part of our broader commitment to creating financial tools that combine the best of traditional assets with the efficiency of blockchain technology, “said Tether Director of Tether, Paolo Ardoino.
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