Are there any cryptocurrencies that have gold backing?

7 answers

• Edward RogerOct 19, 2021 · 4 years ago
  Yes, there are cryptocurrencies that have gold backing. One popular example is Tether Gold (XAUT). It is a stablecoin that is backed by physical gold held in a Swiss vault. Each XAUT token represents ownership of one troy ounce of gold. This provides investors with the stability of gold while still being able to benefit from the convenience and potential returns of cryptocurrencies.
  385

  193
• LuckeDec 19, 2024 · 7 months ago
  Absolutely! One cryptocurrency that has gold backing is DigixDAO (DGD). It is an Ethereum-based token that represents ownership of physical gold. Each DGD token is backed by 1 gram of gold stored in a vault in Singapore. This allows investors to have exposure to the value of gold while enjoying the benefits of blockchain technology.
  334

  112
• Trí Khôi NguyễnMar 11, 2023 · 2 years ago
  Yes, there are cryptocurrencies that have gold backing. One such example is PAX Gold (PAXG). It is an ERC-20 token that represents ownership of physical gold bars stored in Brink's vaults. Each PAXG token is backed by one fine troy ounce of gold. This provides investors with a secure and transparent way to invest in gold through the convenience of cryptocurrency.
  365

  92
• Pappas MoralesDec 28, 2024 · 7 months ago
  Definitely! There are cryptocurrencies that have gold backing, providing investors with the best of both worlds. One notable example is Tether Gold (XAUT). It is a stablecoin that is backed by physical gold stored in a vault. Each XAUT token is equivalent to one troy ounce of gold. This ensures the stability and security of gold while still allowing for the flexibility and potential growth of cryptocurrencies.
  413

  83
• Felix VázquezMay 11, 2021 · 4 years ago
  Yes, there are cryptocurrencies that have gold backing. One such option is PAX Gold (PAXG). It is an ERC-20 token that represents ownership of physical gold stored in secure vaults. Each PAXG token is backed by one fine troy ounce of gold. This provides investors with a reliable and transparent way to invest in gold through the convenience of cryptocurrencies.
  362

  61
• Mkm MernaApr 06, 2025 · 3 months ago
  Yes, there are cryptocurrencies that have gold backing. One example is DigixDAO (DGD). It is an Ethereum-based token that represents ownership of physical gold. Each DGD token is backed by 1 gram of gold stored in a vault. This allows investors to have exposure to the value of gold while benefiting from the advantages of blockchain technology.
  345

  50
• fengqileFeb 26, 2024 · a year ago
  Yes, there are cryptocurrencies that have gold backing. One popular option is Tether Gold (XAUT). It is a stablecoin that is backed by physical gold stored in a Swiss vault. Each XAUT token represents ownership of one troy ounce of gold. This provides investors with the stability and security of gold while still being able to enjoy the convenience and potential returns of cryptocurrencies.
  392

  49