Skip to main contentSkip to data table
Pharos
Pharos

PAX Gold (PAXG) stablecoin analytics

PAXG is Paxos's centralized gold token redeemable 1:1 for fine troy ounces of LBMA Good Delivery bars held in Brink's London vaults under OCC trust supervision.

Static Profile

Static stablecoin profile

PAX Gold (PAXG) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Gold.

AI summary / Updated Jun 12, 2026

PAXG is Paxos's gold token with the paperwork turned all the way up: one fine troy ounce of allocated LBMA Good Delivery gold per token, Brink's London vaulting, KPMG monthly attestations, and Paxos trust supervision. In a tokenized gold market where the metal is the easy part...

AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026

Collateral
LBMA Good Delivery physical gold bars allocated in Brink's London vaults; each token represents one fine troy ounce; insured against theft and loss; bankruptcy-remote custody under Paxos Trust Company
Peg Mechanism
Direct 1:1 redemption through Paxos Trust Company for physical gold bars or cash equivalent; monthly independent attestation by KPMG LLP under AICPA standards confirms full backing
Jurisdiction
United States / OCC / National Trust Charter
Proof Of Reserves
Independent Audit by KPMG Reserve source
Contracts
1 deployment tracked across Ethereum.

Snippet Answer

Is PAXG safe?

Pharos does not mark PAXG as absolutely safe. Static metadata says PAX Gold uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from KPMG; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety paxg-paxos

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 12, 2026.

PAXG quick answers

What is PAX Gold (PAXG)?

PAXG is Paxos's centralized gold token redeemable 1:1 for fine troy ounces of LBMA Good Delivery bars held in Brink's London vaults under OCC trust supervision. The static profile records its Gold peg mechanism as: Direct 1:1 redemption through Paxos Trust Company for physical gold bars or cash equivalent; monthly independent attestation by KPMG LLP under AICPA standards confirms full backing

Is PAXG safe?

Pharos does not mark PAXG as absolutely safe. Static metadata says PAX Gold uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from KPMG; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

What backs PAXG?

Pharos classifies PAXG backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery physical gold bars allocated in Brink's London vaults; each token represents one fine troy ounce; insured against theft and loss; bankruptcy-remote custody under Paxos Trust Company Reserve evidence: Independent Audit from KPMG.

Can PAXG be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for PAXG, when applicable, appear in the dossier below.