Gold-pegged stablecoins have become some of the most profitable digital assets amid market turbulence caused by U.S. President Donald Trump's tariffs. Tokenized gold reached a new all-time high, following its underlying asset.

On April 11, gold set a new peak at the Chicago Mercantile Exchange (CME), surging to $3241.5 per troy ounce. Since the beginning of this week, it has risen by more than 6%.