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Easily convert PAXG to XAUT with ConvertOnline's efficient tool.
PAX Gold (PAXG) is a digital asset that represents a claim on physical gold, where each token is backed by one fine troy ounce of gold stored in professional vaults. It combines the stability of gold with the efficiency of blockchain technology, allowing users to trade, transfer, and hold gold in a digital format.
Tether Gold (XAUt) is a digital asset that represents a claim on physical gold, making it a stable and reliable option for investors looking to hedge against market volatility. Each XAUt token is backed by one troy ounce of gold, stored in a secure vault, allowing users to trade gold on blockchain without the complexities of traditional gold ownership.