Crypto Exchange Coinbase Adds Gold-Pegged Stablecoin PAXG to Listing Roadmap

Crypto Exchange Coinbase Adds Gold-Pegged Stablecoin PAXG to Listing Roadmap

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Coinbase, the largest encryption exchange in the United States, has announced the possibility of inserting Stablecoin of gold.

In a new post on the social media platform X, Coinbase He says Added Back Gold (Paxg) To the road map in its inclusion.

Coinbase’s road map does not guarantee a future list, but it announces the possibility of its inclusion in order to enhance transparency and prevent potential internal trading.

Pax Gold is ethereum (EthDistinguished gold -based gold and released by Blockchain Paxos.

He says Project,

“Paxg provides investors an effective way to possess material gold -class gold with all Blockchain benefits. Each Pax Gold (Paxg) is supported by one gold of gold, stored in LBMA (London Bullion Market) in London.

The dedicated gold that supports Paxg is … a monthly review. Paxos is a confidence and maintenance company organized by the Ministry of Financial Services for the state of New York. ”

Paxg is not a gold -backed Stablecooin on the market.

Tether, the company behind many leading currency stablecoins, including USDTIt was announced last week that it He carries 770 million dollars of physical gold bars that supports rope gold (xut) Stablecoin.

Xaut was launched in 2020, which is one of the digital assets associated with one ounce price of material gold.

According to a tether journalist, each of the direct ownership symbol of gold tapes held in a guaranteed Swiss basement.

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