RAAC announces tentative agreement with a physical gold exchange provider to facilitate pmUSD redemptions, which is expected to begin the first week of July or even sooner.

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RAAC said it has reached a tentative agreement with a physical gold exchange provider to support pmUSD redemptions, with the rollout expected to start in the first week of July or sooner. The announcement appears to be a response to recent market scrutiny over what pmUSD is actually redeemable for, since RAAC previously said the token’s redemption rights were tied to mineral-resource claims rather than direct claims on U.S. dollars or physical gold.

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RAAC announces tentative agreement with a physical gold exchange provider to facilitate pmUSD redemptions, which is expected to begin the first week of July or even sooner.

More coverage

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Leviathan Atlas is now charting RAAC, from gold-backed pmUSD to tokenized real estate

A viral post questions whether pmUSD is truly backed by dollars or gold, sparking debate about its redemption and audit process

Curve Finance gauge vote live: RAAC allocates to pmUSD gauge with veCRV, vlCVX, sdCRV holders eligible to vote.

RAAC's gold-backed stablecoin doing up to 27% APR while the rest of crypto argues about altseasons and still focuses on speculation... $pmUSD on Curve: $27M TVL in less than 2 months, and growing.

Composable. Compliant. Gold-backed. pmUSD is the DeFi gold standard stable.

Leviathan Atlas is now charting RAAC, from gold-backed pmUSD to tokenized real estate

A viral post questions whether pmUSD is truly backed by dollars or gold, sparking debate about its redemption and audit process

Curve Finance gauge vote live: RAAC allocates to pmUSD gauge with veCRV, vlCVX, sdCRV holders eligible to vote.

RAAC's gold-backed stablecoin doing up to 27% APR while the rest of crypto argues about altseasons and still focuses on speculation... $pmUSD on Curve: $27M TVL in less than 2 months, and growing.

Composable. Compliant. Gold-backed. pmUSD is the DeFi gold standard stable.

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RAAC announces tentative agreement with a physical gold exchange provider to facilitate pmUSD redemptions, which is expected to begin the first week of July or even sooner.

More coverage

Explore the topic

More on $pmUSD

Leviathan Atlas is now charting RAAC, from gold-backed pmUSD to tokenized real estate

A viral post questions whether pmUSD is truly backed by dollars or gold, sparking debate about its redemption and audit process

Curve Finance gauge vote live: RAAC allocates to pmUSD gauge with veCRV, vlCVX, sdCRV holders eligible to vote.

RAAC's gold-backed stablecoin doing up to 27% APR while the rest of crypto argues about altseasons and still focuses on speculation... $pmUSD on Curve: $27M TVL in less than 2 months, and growing.

Composable. Compliant. Gold-backed. pmUSD is the DeFi gold standard stable.

Leviathan Atlas is now charting RAAC, from gold-backed pmUSD to tokenized real estate

A viral post questions whether pmUSD is truly backed by dollars or gold, sparking debate about its redemption and audit process

Curve Finance gauge vote live: RAAC allocates to pmUSD gauge with veCRV, vlCVX, sdCRV holders eligible to vote.

RAAC's gold-backed stablecoin doing up to 27% APR while the rest of crypto argues about altseasons and still focuses on speculation... $pmUSD on Curve: $27M TVL in less than 2 months, and growing.

Composable. Compliant. Gold-backed. pmUSD is the DeFi gold standard stable.

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