According to Jinse Caijing, the total locked value (TVL) of Paxos Gold (PAXG) Token has recently exceeded $500 million, reaching $508 million. This rise demonstrates the increasing interest of TradFi investors in gold-backed cryptocurrencies. PAXG Token combines the stability of physical gold with the flexibility of blockchain technology, making it a lower-risk way for investors to enter the crypto market.
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Paxos Gold's TVL recently surpassed $500 million
According to Jinse Caijing, the total locked value (TVL) of Paxos Gold (PAXG) Token has recently exceeded $500 million, reaching $508 million. This rise demonstrates the increasing interest of TradFi investors in gold-backed cryptocurrencies. PAXG Token combines the stability of physical gold with the flexibility of blockchain technology, making it a lower-risk way for investors to enter the crypto market.