PAXG and XAUT's funding rates have been steadily increasing recently, and many people are now trading gold perpetual contracts. Just saw on Twitter that Ethena has directly added them to the USDe collateral pool. Including PAXG and XAUT backed by real gold as collateral is a pretty good direction. From the current regulatory trend in the United States, it can be seen that in the future, DeFi projects that can survive long-term will not rely solely on circulating high-volatility on-chain assets. Especially in the stablecoin ecosystem.

PAXG-0.08%
XAUT-0.19%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin