Cryptocurrency Q&A
Who is the issuer of PAXG?
Who is the issuer of PAXG?
Lucia
Tue Oct 29 2024
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5 answers
1104
I'm trying to find out who the issuer of PAXG is. I've been looking into this cryptocurrency and want to know more about its background, specifically who is responsible for its issuance.
5 answers
Margherita
Thu Oct 31 2024
It is classified as a commodity-backed, gold stablecoin, which signifies its intrinsic value tied to physical gold.
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KDramaLegendaryStar
Thu Oct 31 2024
The issuer of PAXG is Paxos, a reputable financial institution known for its innovative approach in digital asset management.
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KDramaLegendary
Thu Oct 31 2024
Each PAXG token is fully collateralized by one fine troy ounce of gold. This ensures that the digital token maintains a stable value equivalent to its underlying asset.
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Matteo
Thu Oct 31 2024
PAX Gold (PAXG) represents a novel financial instrument in the digital asset space.
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Carlo
Thu Oct 31 2024
The physical gold backing PAXG is securely stored in Brink's vaults. Brink's is a global leader in secure logistics and vault services, adding an extra layer of trust and security to the digital asset.
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