Precious Metals USD

Precious Metals USD (PMUSD) is a stablecoin issued within the Real Asset Acquisition Corp (RAAC) ecosystem, a decentralized finance protocol that uses real-world assets as its foundation. The token is designed to represent value tied to precious metals, bringing physical commodity exposure onto the Ethereum blockchain. It addresses the problem of illiquidity in traditional precious-metals markets by allowing holders to interact with those assets through DeFi infrastructure.

PMUSD lives on the Ethereum network and is classified as a real-world asset (RWA) token, meaning its value is intended to be backed or referenced by physical precious metals held off-chain. The RAAC protocol tokenizes those underlying assets and deploys them as collateral within DeFi applications to generate on-chain liquidity. No consensus algorithm or block time is recorded for the token itself, as it is an application-layer asset on Ethereum rather than a standalone chain.

The data stored for PMUSD does not include a fee stream, revenue figures, or protocol earnings, so no fee-based analysis can be derived from what is recorded here. The 24-hour turnover ratio stands at 0.009639 and the 30-day average turnover is 0.029605, both measured as volume relative to market capitalization, but these reflect trading activity rather than protocol revenue. The stablecoin circulating supply is recorded at 64,890,603.52 units on a point-in-time basis, with zero change over the prior 30 days, and the dilution overhang is 0.0 percent, meaning no additional supply appears pending.