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Paxos Expands its Gold-Backed Token’s Ecosystem

Paxos Expands its Gold-Backed Token’s Ecosystem – ChainBulletin

Paxos, the issuer of a gold-backed stablecoin, has entered into a new partnership expanding PAX Gold (PAXG) holders option to redeem physical gold with their tokens, the company announced in a blog post on 28 October. According to the press release, the company partnered up with Alpha Bullion to offer the holders of its gold-backed stablecoin more versatility.