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Market Cap of Gold-Backed Cryptos Surpass $1B as Yellow Metal Nears Record High

Stagflation fears appear to have boosted demand for gold and crypto tokens backed by the yellow metal.

Updated May 11, 2023, 5:26 p.m. Published Mar 9, 2022, 11:18 a.m.
Market capitalization of gold-backed crypto tokens (Arcane Research, CoinGecko)
Market capitalization of gold-backed crypto tokens (Arcane Research, CoinGecko)