Gold-backed stablecoins nearly triple to $4b as one token dominates 2025
Gold-backed stablecoins have nearly tripled to $4b in 2025 as one token overtakes its rival, riding record gold prices, macro risk, and issuer vault accumulation. Summary Gold-backed stablecoins’ market cap is near $4b in 2025, almost triple since early in the year. Two leading tokens control close to 90% of tokenized gold, with the top…


