Defi
Gold’s 50-Year Money-Making Trick Just Went Onchain
Bitcoin.com News·September 24, 2026·1 min read
Paxos Labs launched PAXGy on Sept. 24, a token backed by pax gold (PAXG) that wraps institutional gold-leasing economics onchain. Gold lending rates have been quoted for 50 years, but most gold owners were locked out. PAXGy aims to open this market, with reserves deployed to institutional borrowers.
Read at Bitcoin.com NewsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.