The Gold And Silver Pump Can Benefit Crypto
Tether Gold and Paxos Gold are primarily on Ethereum and I would trust Paxos Gold more than Tether. You have multiple counter party risks with these tokenized pegged assets because you have to trust that they actually have the Gold in their reserves. I feel like these offerings could be expanded and allow for more DeFi activity if they were tokenized across the other EVM chains and have Solana access. We don't really have Silver, Platinum, and Platium tokenized for the most part. Seems like a super big gap in the market to not have some of that stuff tokenized.
Uphold has the ability to buy Gold, Silver, and Platinum but from my understanding you don't have a tokenized version that you can withdraw from that platform.
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