The post World Gold Council’s “Gold as a Service” Plan: What It Means for Tether Gold (XAUT) & PAXG appeared first on Coinpedia Fintech News

Gold is trading at $4,691 today. The tokenized gold market has surpassed $5

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Bybit Moved the Same Day

On the exact day the white paper dropped, Bybit launched a yield-bearing tokenized gold product letting users earn interest on Tether Gold. Gold sitting in a vault earns nothing. That’s always been its weakness against stablecoins. Bybit’s move, and WGC’s paper, are both answering the same question at the same time.

With oil surging and markets rattled by the Iran conflict, gold’s role as a safe haven is being tested in real time. The WGC’s bet is that the next chapter of that role gets written on-chain.

No implementation timeline has been disclosed. The proposal is still conceptual and depends on industry-wide adoption. But for XAUT and PAXG holders, the message is clear: the institution that made gold mainstream once before is coming for the tokenized gold market next.

Whether it gets there is the only thing left to watch.

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FAQs

What is tokenized gold and how does it work?

Tokenized gold is a digital asset backed 1:1 by physical gold in vaults, letting investors trade, transfer, or redeem gold easily on blockchain networks.

How does the World Gold Council’s new proposal change digital gold?

The proposal introduces a shared infrastructure standard for the tokenized gold market. By unifying custody, compliance, and audits across all issuers, it aims to increase trust, improve liquidity, and make digital gold more accessible to everyday investors.

Is tokenized gold safer than buying a gold ETF?

Both offer security but through different structures. Tokenized gold gives you direct ownership on the blockchain with verifiable reserves, while ETFs like GLD offer institutional management. The new proposed standards aim to close the trust gap between these two options.