Tokenized gold's market capitalization soared to a record-breaking $1.4 billion in March, driven by surging gold prices and increased investor demand. CoinDesk's monthly stablecoin report highlights Tether Gold (XAUT) and PAX Gold (PAXG) as the dominant players, commanding $749 million and $653 million respectively. Trading volumes also reflected this surge in interest, exceeding $1.6 billion for the month – the highest level in a year. This growth mirrors the broader rally in gold prices, which reached an all-time high during the same period, further fueling the attractiveness of tokenized gold as an accessible and liquid investment option. Tokenized gold offers investors fractional ownership of physical gold, streamlining access and enhancing tradability. ```