CoinScoopPaxos launches PAXGy, a gold-backed token pegged to PAX Gold
Paxos Labs introduced PAXGy, a gold-backed token collateralized by PAX Gold, which is fully backed by investment-grade gold held in LBMA vaults and audited by KPMG. Holders can mint PAXGy by depositing PAX Gold or exchanging accepted stablecoins.
Summaries are written by AI from the original article. Not investment advice.