Precious Metals USD
यह क्या है
Precious Metals USD (PMUSD) is a stablecoin issued within the Real Asset Acquisition Corp (RAAC) ecosystem, a decentralized finance protocol built on Ethereum that aims to bring real-world assets on-chain. Its stated purpose is to represent value backed by precious metals, giving holders a way to hold and transfer that exposure through a blockchain-native token. The asset is designed for people who want access to traditional commodity-linked value through DeFi infrastructure rather than conventional financial channels.
PMUSD lives on the Ethereum blockchain and is categorized under the real-world assets (RWA) framework, meaning the token is intended to be collateralized by or tied to physical precious-metal holdings managed by RAAC. The protocol describes itself as tokenizing traditional finance assets and deploying them into DeFi to create on-chain liquidity backed by those collateral positions. No consensus algorithm or block-production data is recorded for the token itself, as it inherits Ethereum's settlement layer rather than operating its own chain.
The data stored for PMUSD contains no fee stream — no protocol revenue, fee collection, or yield distribution figures are recorded. This means standard fee-based measures such as price-to-fees or revenue multiples cannot be calculated or displayed for this asset on this site. The 30-day stablecoin supply change stands at 0.0, indicating no growth or contraction in circulating supply over that period, and 24-hour turnover is recorded at 0.003714 of market capitalization, reflecting very limited trading activity relative to the outstanding supply.
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