🚀 Tokenized gold is shining bright! In March, its market cap hit a record $1.4 billion, riding the wave of gold's rally above $3,000 per ounce. Tether's XAUT and Paxos' PAXG lead the pack with market caps of $749M and $653M, respectively.

- Trading volume for gold tokens soared to $1.6 billion, the highest in over a year.

- The stablecoin market, including fiat and commodity-pegged tokens, reached a $231 billion market cap.

- Tether's USDT supply hit $144 billion, but its market share dipped to 62.1%.

- Ethena's USDtb stablecoin quickly amassed over $1 billion in assets.

💬 What do you think about the rise of tokenized gold? Share your thoughts below!