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

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

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