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AGX Coin (AGX) is Lode project launched stablecoin backed by one milligram of physical gold and launched on Avalanche.
AGX Coins are stablecoins backed by one gram of silver. They are redeemable for physical silver on request, in increments of 100 troy ounces (larger bars are available on request). AGX Coins are legally considered pickup slips or warehouse receipts for physical metal and, as such, are considered utility tokens in most jurisdictions.
Total stablecoin market cap tops $200 billion as onchain lending yields surge Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Avalanche buys back $53M of AVAX tokens from Terra’s LFG Radiant Capital hacker moves $52M in stolen funds Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
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