Paxos’ Precious Metal-Backed Cryptocurrency to Launch This Year - CEO
In an intereview with Fortune, CEO of Paxos Chad Cascarilla said that precious metals backed Paxos tokens will launch "definitely this year,".
“In order to put something in a blockchain, you have to make sure you have the right amount of inventory in the real world versus what is in the blockchain."
While the company is planning to launch its precious metal-backed coin this year, Cascarilla said that Paxos has not set the exact date yet.
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