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Inflation and tariff instability drive the market value of "tokenized gold" close to 2 billion US dollars

Inflation and tariff instability drive the market value of "tokenized gold" close to 2 billion US dollars

Bitget2025/04/11 04:12

According to CoinDesk, due to geopolitical and tariff uncertainties, tokenized gold assets have recently performed strongly, with a market value approaching $2 billion, becoming a safe haven hotspot in the crypto market. A report from CEX.IO shows that since Trump took office on January 20th, the trading volumes of Paxos Gold (PAXG) and Tether Gold (XAUT) have increased by 900% and 300% respectively. The price and demand for gold-related tokens are soaring in sync, showing a strong trend of capital hedging. Their market value has grown by 21% since the beginning of the year, far exceeding stablecoins (+8%) and Bitcoin (-19%) over the same period.

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