Pleasing Gold (PGOLD) stablecoin analytics
Answer First
What is Pleasing Gold (PGOLD)?
Pleasing's gold-backed token: LBMA-standard 99.99% bullion, 1 troy ounce per unit, held by undisclosed qualified custodians in Hong Kong; KYC-gated redemption. The static profile records its Gold peg mechanism as: Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements
Is PGOLD safe?
Pharos does not assess PGOLD as safe: it holds a D Safety Score grade (43/100) in the latest published rating, which flags significant structural risk. Static metadata says Pleasing Gold uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from VISTO CPA LIMITED (independent limited assurance; partial physical observation and Arbitrum-only liability scope); 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.
Static Profile
Static stablecoin profile
Pleasing Gold (PGOLD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Gold.
AI summary / Updated Sep 7, 2026
PGOLD is Pleasing International's gold token: one PGOLD is intended to represent one troy ounce of LBMA-standard 99.99% bullion held with undisclosed qualified custodians in Hong Kong, with KYC-gated physical redemption through the Pleasing platform. Arbitrum is the only native issuance chain; Ethereum, Pharos, and ApeChain are Chainlink CCIP and LayerZero representations. The assurance picture improved in June 2026 when VISTO CPA published a limited-assurance report, but the report physically observed about half...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: PGOLD live Reserve Report (VISTO CPA assurance report, 2026-06-25)
- Collateral
- LBMA-standard 99.99% physical gold with 1 PGOLD representing 1 fine troy ounce; issuer materials describe fully gold-backed reserves and physical redemption support
- Peg Mechanism
- Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements
- Jurisdiction
- Hong Kong
- Proof Of Reserves
- Independent Audit by VISTO CPA LIMITED (independent limited assurance; partial physical observation and Arbitrum-only liability scope) Reserve source
- Contracts
- 4 deployments tracked across Arbitrum, ApeChain, Ethereum, and Pharos Network.
Next Actions
Exact bot target: /subscribe dews,depeg,safety pgold-pleasing
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 Sep 7, 2026.
PGOLD quick answers
What is Pleasing Gold (PGOLD)?
Pleasing's gold-backed token: LBMA-standard 99.99% bullion, 1 troy ounce per unit, held by undisclosed qualified custodians in Hong Kong; KYC-gated redemption. The static profile records its Gold peg mechanism as: Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements
Is PGOLD safe?
Pharos does not assess PGOLD as safe: it holds a D Safety Score grade (43/100) in the latest published rating, which flags significant structural risk. Static metadata says Pleasing Gold uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from VISTO CPA LIMITED (independent limited assurance; partial physical observation and Arbitrum-only liability scope); 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 PGOLD?
Pharos classifies PGOLD backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-standard 99.99% physical gold with 1 PGOLD representing 1 fine troy ounce; issuer materials describe fully gold-backed reserves and physical redemption support Reserve evidence: Independent Audit from VISTO CPA LIMITED (independent limited assurance; partial physical observation and Arbitrum-only liability scope).
Can PGOLD 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 PGOLD, when applicable, appear in the dossier below.
