After President Donald Trump announced new tariffs that started a global trade war, gold-backed cryptocurrencies like Tether Gold (XAUT) and Paxos Gold (PAXG) hit record prices. Tether Gold reached $3,529, and Paxos Gold climbed to $3,520. Other tokens, such as Quorium (QGOLD) and Kinesis Gold (KAU), also saw strong price gains. In less than a month, the price of gold rose by 7%, and Bitcoin (BTC) went up by 14%. At the same time, the total value of the real-world asset (RWA) tokenization market grew to $21.6 billion.

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