PANews reported on October 7th that Coingecko data showed that the total market capitalization of tokenized gold across the entire network has exceeded $3 billion, currently standing at $3,026,614,542, a record high and a 24-hour increase of 2.3%. Tether Gold (XAUT) has a market capitalization of approximately $1.492 billion, and PAX Gold (PAXG) has a market capitalization of approximately $1.188 billion. (Note: Tokenized gold refers to physical gold represented digitally on a blockchain platform. These tokens are backed by an equivalent amount of physical gold held in custody by the issuing institution.)