PAX Gold, the only OCC-regulated gold token, is now live as collateral on @Aave V4's Global Dollar Hub. Supply PAXG → borrow USDG directly against it.

Sep 10, 2026 · 9:21 PM UTC

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Replying to @Paxos @aave @global_dollar
The gold stays where it is and borrowing against it adds a price at which it stops being yours.
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Replying to @Paxos @StaniKulechov @aave @global_dollar
paxos still boring as hell but ok
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Replying to @Paxos @aave @global_dollar
PAXG is a ~$1.9bn token. GLD is $153bn. Gold collateral onchain is running at roughly 1% of one ETF so the number that tells you whether this works is how much USDG actually gets borrowed against PAXG in the first month
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