Royal Gold RXAU
RXAU
0
$
0.00 %
Change 24h
Market Cap
$ 0
Total Supply
5,000,000,000
Website
Social
RXAU
$
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Description
Royal Gold Token (RXAU) is a precious-metal-referenced token (crypto-asset) designed to reference the market value of one troy ounce of gold (XAU). Because gold prices move, the token’s value in USD/EUR can rise or fall with gold prices and market conditions; it should not be viewed as a fiat-pegged stablecoin.
The Issuer intends to back RXAU with allocated, insured physical gold reserves. Token issuance is designed to be limited to verified holdings, supported by independent certifications and periodic audits. The Issuer may also maintain supplementary liquid collateral (e.g., fiat reserves or stablecoin collateral) to support operational liquidity and redemptions.