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Gold-Backed Tokens Surge to 3-Year Peak While Central Banks Retreat

Gold-Backed Tokens Surge to 3-Year Peak While Central Banks Retreat

Author:
CoindeskEN
Published:
2025-05-03 19:15:56
16
1

Gold-Backed Crypto Minting Volume Hits 3-Year High as Central Bank Buying Drops

Defiance or diversification? As central banks slow their gold accumulation, crypto issuers are minting gold-backed tokens at the fastest pace since 2022. Retail and institutional investors alike are flocking to these ’hard money’ hybrids—proof that when traditional finance hesitates, crypto pounces.

Wall Street’s latest irony: decentralized assets now outperform their vault-bound counterparts. Maybe those ’barbarous relics’ just needed a blockchain upgrade.

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