---
title: "PAX Gold (PAXG) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/paxg-paxos/"
description: "Build-time stablecoin profile for PAX Gold (PAXG). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# PAX Gold (PAXG)

**Peg:** Gold

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

Only federally regulated gold token, operating under Paxos's OCC national trust charter with KPMG monthly attestations and individually allocated LBMA Good Delivery bars at Brink's London; Ethereum-only deployment by design. The only federally regulated gold token in existence, PAXG operates under Paxos's OCC national trust charter with institutional-top {{term:custody}}custody{{/term}}, KPMG monthly {{term:attestation}}attestations{{/term}}, and individually allocated LBMA Good Delivery bars at Brink's London — each with a serial number verifiable on the Paxos platform. The permanent second to Tether Gold by market share, PAXG is the first choice for anyone whose compliance department has veto power: allocated bars, bankruptcy-remote trust structure, and the kind of regulatory paper trail that makes institutional allocators comfortable. While XAUT trades on Tether's brand recognition, PAXG trades on verifiable custody — in a market where gold itself is the product, trust infrastructure is the only real differentiator. Ethereum-only deployment limits DeFi composability but matches the product's institutional focus.

## 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

| Country | Regulator | License |
| --- | --- | --- |
| United States | OCC | National Trust Charter |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x45804880de22913dafe09f4980848ece6ecbaf78` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/paxg-paxos.