Precious Metals USD

PMUSD Price

About Precious Metals USD (pmUSD)

Precious Metals USD is a gold-backed stablecoin pegged to the US Dollar and issued through the Real Asset Acquisition Corp (RAAC) protocol.

• The asset is collateralized by tokenized real-world assets, specifically gold and other physical commodities.
• It functions as the primary stablecoin for the RWf(x) protocol suite, designed to provide safer on-chain collateral than traditional fund-backed alternatives.
• Users can mint pmUSD by depositing supported commodities into a Collateralized Debt Position (CDP) model.

What Is Precious Metals USD

Precious Metals USD is a decentralized financial instrument designed to bridge the gap between traditional commodity markets and on-chain liquidity. Its primary value proposition is offering a digital version of the US Dollar that is fundamentally backed by physical gold rather than purely fiat reserves or other cryptocurrencies.

Value moves through the system when commodity owners or institutions tokenize their assets through the RAAC tokenization engine. These tokenized assets are then used as collateral to mint pmUSD, which is deployed across the decentralized finance ecosystem to unlock liquidity. As the ecosystem grows, the protocol scales by incorporating a wider range of uncorrelated real-world assets, increasing the total inventory of available stablecoins for stakeholders. If the source material does not specify a different mechanism, the token is primarily put to work through lending, borrowing, and liquidity provisioning within the RAAC ecosystem.

What Makes Precious Metals USD Unique

• Commodity-Backed Stability: Unlike most stablecoins that rely on bank deposits or other digital assets, pmUSD is backed by tokenized gold and commodities.
• RWA Integration: The protocol uses the Instruxi tokenization engine to transform physical assets into ERC-20 tokens that serve as collateral.
• Uncorrelated Collateral: By using gold and real estate-linked assets, the system provides a hedge against the volatility typically found in mainstream cryptocurrency markets.
• Hybrid Model: It combines the historical stability of the gold standard with the modern utility of a US Dollar-pegged digital asset.

What Can You Use Precious Metals USD for?

Precious Metals USD is pegged to the US Dollar. You can use it for the following purposes:

1. Value retention: The asset allows users to hold a digital, on-chain representation of the US Dollar, which may reduce exposure to crypto-market volatility by being backed by physical gold.
2. Yield generation: Users can earn yield by participating in the RAAC ecosystem's lending and borrowing products or by providing liquidity in supported DeFi pools. The source does not specify yield derived from sovereign debt instruments.
3. Cross-border settlement / value transfer: pmUSD enables the frictionless transfer of US Dollar value across borders using blockchain technology, facilitating international trade and remittances.
4. Collateralization: The token can be used as backing for other borrowing and lending protocols or as a stable asset for managing margin in decentralized financial applications.

How Does Precious Metals USD Work?

The technical mechanism of Precious Metals USD relies on the RWf(x) protocol, which utilizes a Collateralized Debt Position (CDP) model. In this system, physical gold and other commodities are tokenized into digital assets which users then lock into smart contracts to mint pmUSD. This ensures that every stablecoin in circulation is overcollateralized by a verifiable real-world asset.

Because Precious Metals USD is an application utility token within the RAAC ecosystem, users pay protocol service fees associated with borrowing and managing their positions. These fees are separate from the network gas required to process transactions on the underlying Ethereum blockchain. The system maintains its peg through automated market mechanisms and the management of collateral ratios, ensuring that the value of the backing assets remains sufficient to support the US Dollar peg.

Team Info and Investors

Precious Metals USD was developed by Real Asset Acquisition Corp (RAAC), a project focused on widening participation in tokenized real-world assets. The protocol is governed by a decentralized structure that allows stakeholders to influence ecosystem parameters. While specific individual founder names are not highlighted in the primary documentation, the project lists several high-profile ecosystem partners and advisors, including Chainlink, Curve Finance, and crvUSD. These partnerships support the protocol's integration into the broader DeFi landscape and provide technical infrastructure for its tokenization and lending products.

Where can you buy Precious Metals USD?

PMUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Precious Metals USD is Curve (Ethereum), where the most active trading pair PMUSD/FRXUSD has a trading volume of $38,184.60 in the last 24 hours.

What is the daily trading volume of Precious Metals USD (PMUSD)?

The trading volume of Precious Metals USD (PMUSD) is $70,134.91 in the last 24 hours, representing a 8,223.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Precious Metals USD (PMUSD)?

Precious Metals USD (PMUSD) reached an all-time high of $1.04 and an all-time low of $0.1162. It’s now trading -63.30% below that peak and 227.30% above its lowest price.

What is the market cap of Precious Metals USD (PMUSD)?

Market capitalization of Precious Metals USD (PMUSD) is $35,751,373 and is ranked #567 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PMUSD tokens (94 Million tokens are tradable on the market today).

What is the fully diluted valuation of Precious Metals USD (PMUSD)?

The fully diluted valuation (FDV) of Precious Metals USD (PMUSD) is $35,751,373. This is a statistical representation of the maximum market cap, assuming total number of 94 Million ETH tokens are in circulation today.

How does the price performance of Precious Metals USD compare against its peers?

With a price decline of -44.80% in the last 7 days, Precious Metals USD (PMUSD) is underperforming the global cryptocurrency market which is down -0.50%, while underperforming when compared to similar Stablecoins cryptocurrencies which are down -0.70%.

How to add Precious Metals USD (PMUSD) to MetaMask?

Adding Precious Metals USD (PMUSD) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import PMUSD as a token. You can copy PMUSD’s contract address (0xc0c17dd08263c16f6b64e772fb9b723bf1344ddf) and import it manually, or if you've installed MetaMask's chrome extension, add PMUSD to MetaMask with one click on CoinGecko.

Add PMUSD to MetaMask.