Gold Stablecoins

Gold-pegged stablecoins tokenize physical gold, with each token typically backed by one troy ounce of London Good Delivery gold held in insured vaults. PAXG and XAUT are the largest, both regulated and fully reserved. Unlike fiat pegs, gold stablecoin prices track the spot gold market, making them a hedge against both crypto volatility and fiat inflation. Pharos monitors their peg accuracy against live gold prices, supply changes, and safety grades.