Singapore Leads Gold-Backed Stablecoins in Tokenization Surge

Singapore is experiencing a surge in gold-backed stablecoin adoption, spurred by the growing trend of tokenization within the digital asset market. Events like TOKEN2049 have highlighted the increasing relevance of these tokens as market dynamics shift, offering stability amid economic uncertainty and influencing DeFi ecosystems worldwide. 2025 has seen Tether Gold and Pax Gold emerge as key players in Singapore’s burgeoning stablecoin landscape.