PAX Gold_DEXの‌価格PAXG

$PAXG Short Liquidation hits $46.033K at $4157.63! Shorts got crushed as the market surged—momentum is real, and the charts are on fire! 🔥📈

Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar, a commodity like gold, or a basket of assets. Unlike volatile assets such as Bitcoin, which can swing 10-20% in a day, stablecoins aim for minimal price fluctuation—often holding within 0.1% of their peg. The first major stablecoin, Tether (USDT), launched in 2014 on the Bitcoin blockchain via Omni Layer. Today, the sector exceeds $170 billion in market capitalization (as of late 2025), with over 200 variants.Types of Stablecoins Fiat-Collateralized: Backed 1:1 by reserves in bank accounts or equivalents. Examples: USDT (Tether, ~$120B cap), USDC (Circle, ~$35B cap), BUSD (formerly Binance). Audits verify reserves, though controversies (e.g., Tether's 2019 fine for misleading claims) highlight transparency risks. Crypto-Collateralized: Over-collateralized with other cryptocurrencies (e.g., 150-200% ratio) in smart contracts. DAI (MakerDAO) is the flagship, pegged to USD via Ethereum-based collateral like ETH. This decentralized model avoids fiat custody but introduces liquidation risks during market crashes. Algorithmic (Seigniorage): Maintain peg through supply adjustments via algorithms, without direct collateral. TerraUSD (UST) famously collapsed in May 2022, wiping $40B from the market due to a death spiral. Newer ones like USDD (Tron) use hybrid mechanisms but remain niche and risky. Commodity-Backed: Pegged to gold/silver (e.g., PAXG by Paxos). Less common, with ~$1B total cap. Mechanics and Use CasesStablecoins operate on blockchains like Ethereum, Tron, Solana, and Binance Smart Chain for low-cost transfers (fractions of a cent vs. $20+ for bank wires). Key roles: Trading Pairs: 70-80% of crypto exchange volume involves stablecoins (e.g., BTC/USDT), providing liquidity without exiting to fiat. Remittances: $800B annual market; stablecoins cut fees to <1% and enable instant cross-border transfers. DeFi Yield: Users lend stablecoins on platforms like Aave for 5-15% APY, far above traditional savings. Payments: Adopted by PayPal (PYUSD) and Visa for settlements. Impact on the Crypto MarketStablecoins act as a bridge between traditional finance and crypto, amplifying both growth and risks.Positive Impacts Liquidity Injection: They enable 24/7 trading without fiat on-ramps. During bull runs (e.g., 2021), USDT issuance correlated with Bitcoin highs, as new mints signal capital inflows—often $1B+ weekly. Volatility Hedge: Traders park funds in stablecoins during downturns, preventing mass exits. This stabilized the 2022 bear market, where crypto cap fell 70% but recovered faster than in 2018. Adoption Driver: Institutional entry (e.g., BlackRock's BUIDL fund using USDC) and regulatory clarity (EU's MiCA framework, 2024) have grown the sector 5x since 2020. Stablecoins now handle $10T+ in annual transfer volume, rivaling Visa. DeFi Ecosystem: They power $100B+ in locked value, enabling complex products like flash loans and derivatives. Negative Impacts and Risks Systemic Risk: Concentration in USDT (70% dominance) creates single points of failure. A depeg (e.g., USDC briefly hit $0.87 in 2023 Silicon Valley Bank crisis) can cascade—liquidating $10B+ in positions. Market Manipulation: "Printing" stablecoins has been accused of pumping prices artificially; studies show Tether mints precede BTC rallies by hours. Regulatory Scrutiny: US proposals (2025 Clarity for Payment Stablecoins Act) and global crackdowns target reserves and AML. Bans in China (2021) shifted volume but didn't eliminate them. Contagion Events: UST's failure triggered Three Arrows Capital's bankruptcy, erasing $200B from crypto in weeks. Algorithmic models remain under 1% of supply due to distrust. In summary, stablecoins have matured crypto from speculative gambling into a functional financial system, but their centralized elements import TradFi vulnerabilities. With CBDC competition rising (e.g., digital yuan), their evolution will shape crypto's next decade. Market cap growth from $5B (2019) to $170B underscores their indispensability—yet prudence demands diversified holdings and reserve vigilance.

2) Tokenized commodities Tokenized gold continues to grow, led by two dominant issuers. The tokenized gold market has reached $3.6B in market cap, up 50x since 2021, with Tether's XAUT and Paxos' PAXG making up most of the market. Tokenized gold brings a battle-tested inflation hedge onchain. Users, especially in emerging markets, can gain access to gold’s inflation protection in a tokenized format. These products give gold the exact same features that widely adopted stablecoins, like USDT, already possess. Gold is the first major tokenized commodity, with most of the supply yet to be tokenized. The current $3.6B market cap represents only a small fraction of the $28.7T physical gold market. For perspective, should 1% of the global gold supply be tokenized, it would mean approximately 80x growth from current levels.

⚡️ SHOCKING: RUSSIA SELLS $PAXG GOLD RESERVES FOR THE FIRST TIME! 🇷🇺 The Bank of Russia has reportedly started real sales of physical gold — a move experts say could send global markets into chaos. 💣 Analysts warn: Gold prices could spike or swing wildly Global economic stability might be at risk Major policymakers (Trump? Powell?) are watching closely $PAXG 4,059.31 +0.24% 💰 This isn’t just a financial move — it could reshape the world’s perception of stability and have ripple effects on every major market, including crypto. ⚠️ Investors and traders, take note: the era of calm markets may be ending. The next few weeks could be historic and volatile.

2) Tokenized commodities Tokenized gold continues to grow, led by two dominant issuers. The tokenized gold market has reached $3.6B in market cap, up 50x since 2021, with Tether's XAUT and Paxos' PAXG making up most of the market. Tokenized gold brings a battle-tested inflation hedge onchain. Users, especially in emerging markets, can gain access to gold’s inflation protection in a tokenized format. These products give gold the exact same features that widely adopted stablecoins, like USDT, already possess. Gold is the first major tokenized commodity, with most of the supply yet to be tokenized. The current $3.6B market cap represents only a small fraction of the $28.7T physical gold market. For perspective, should 1% of the global gold supply be tokenized, it would mean approximately 80x growth from current levels.