According to the announcement from Binance, PAX Gold (PAXG) has been integrated into Binance Earn's Dual Investment program starting from 2026-03-12 06:00 (UTC). This addition allows users to earn extra rewards through the PAXG strategy. The supported token pairs include PAXG-USDT and PAXG-USDC, with subscription options available in PAXG, USDT, or USDC. Multiple target prices are offered, and the settlement occurs at 08:00 (UTC) each workday. The annual percentage rate (APR) for this investment is set at 3.65% or higher.
PAX Gold (PAXG) is a digital asset issued by Paxos, recognized as the largest OCC (U.S.) regulated gold-backed token. Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, securely stored in Brinks vaults. The holders of PAXG own the underlying physical gold, which is held in custody by Paxos Trust Company. The value of PAXG is directly tied to the market price of gold, as each token represents a specific quantity of physical gold.
USDC, another token involved in the investment pairs, is an e-money token issued by Circle Internet Financial Europe SAS. Holders of USDC have a legal claim against Circle SAS, the EU issuer, and are entitled to request redemption of their USDC at any time at par value. This integration into Binance's Dual Investment program provides users with an opportunity to earn interest and trade more strategically, leveraging the stability and value of gold-backed assets like PAXG.