(Reuters) - A fledgling class of crypto that feasts on risk is outshining a wider market paralyzed by war and inflation.
Coins backed by gold are newer variants of "stablecoins", which are typically pegged to the dollar to tame volatility. The largest, Pax Gold or PAXG, has jumped 7.4% in 2022, while main rival Tether Gold has leapt 8.5%.
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