2h ago

Tether Gold draws $237.1 million in 30 days as tokenized gold inflows concentrate in XAUT and PAXG

AI Market Summary

Tokenized gold saw outsized inflows, concentrated almost entirely in XAUT (+$237.1m/30d) and PAXG (+$125.3m), reinforcing their 89%–97% market share. Q1 tokenized-gold market cap rose 30% and spot volume hit $90.7bn, exceeding all of 2025. Ethereum's dominance as the settlement layer and Paxos' regulatory progress support institutional comfort and liquidity, likely sustaining sector momentum.

Impact level

● Medium

Affected assets

PAXG/USDT+0.79%

AI Insight · PAXG/USDTAI Insight

▲ Bullish

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The tokenized gold market has expanded sharply in recent weeks, led by inflows into Tether Gold and Pax Gold. Tether Gold brought in $237.1 million over the past 30 days, while Pax Gold attracted $125.3 million. Together, the two tokens make up 89% to 97% of the tokenized gold market and helped push total market capitalization up 30% in the first quarter, with spot trading volume reaching $90.7 billion—above the full-year total for 2025.

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