Precious Metals USD(PMUSD)

Overview

Precious Metals USD (PMUSD) is a token associated with the ecosystem of Real Asset Acquisition Corp (RAAC), a decentralized finance protocol built around real-world assets (RWAs). RAAC describes its aim as tokenizing traditional finance assets and deploying them on-chain, using them as collateral to expand DeFi liquidity and on-chain yield opportunities. Within that framework, PMUSD is presented as a unit of value linked to real-world assets such as precious metals.

As the name suggests, PMUSD is designed to express precious-metal value in US dollar terms, while the actual composition of reserves and the redemption terms depend on disclosures from the issuing entity. For asset-linked tokens, custody arrangements, audits, and the structure of legal claims are central considerations, so reviewing official documentation and attestation reports directly is important. Circulating supply, exchange listings, and trading liquidity may also be limited.