Pax gold

PAX Gold (PAXG) is a commodity-backed, gold stablecoin issued by Paxos. Each token is backed by 1 fine troy ounce of gold kept in Brink’s vaults managed by Paxos. PAXG allows for exposure to Gold markets without using an ETF, futures contract, or other derivative product.

“PAX Gold Price, Chart, and Supply Details – PAXG Price | Gemini.” Gemini, www.gemini.com/prices/pax-gold.