2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months (Bitcoin.com News)

Originally published at: https://www.channel-sea.cc/2-gold-backed-crypto-asset-market-caps-near-1-billion-xaut-jumps-19000-in-23-months-bitcoin-com-news/

While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market…