Viewpoint: Gold-backed stablecoins will outperform dollar-pegged stablecoins.

According to ChainCatcher news reported by Cointelegraph, Bitcoin maximalist Max Keiser stated that due to the inflation hedging properties and minimal fluctuation of gold, gold-backed stablecoins will outperform USD-pegged stablecoins globally. Kaiser believes that gold is more trusted than the dollar globally and states that foreign governments in a confrontational relationship with the United States will not accept stablecoins pegged to the dollar.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
Summer99vip
· 03-23 13:18
Is it really the case? I don't think so. The collateral of stablecoins is not as important as imagined.
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)