Gold -backed Stablecoins will outperform American -signed alternatives all over the world due to the properties of moving inflation in gold and minimal fluctuations, according to Max Keizer in Bitcoin (BTC).
Keser Argue This gold is more reliable than the US dollar in the world, and said that the governments of foreign countries with hostile relationships in the United States will not accept the dollar. Maximalist BTC added:
“Russia, China, and Iran will not accept the US dollar plug. I expect it will cope with the US dollar with gold. China and Russia have 50,000 tons of gold – more than reported.”
The possibility of gold -backed Stablecoins in getting rid of the distinctive symbols of the dollar in international markets will expand the domination of the US dollar through Stablecoins proposed by American lawmakers.
source: Max Kaiser
Related to: The government can make gains for gold certificates to buy Bitcoin: Bo Hines
Gold backed Stablecoins meets the original promise of the US dollar?
Tether stablecoin tether stablecoin is released from gold called alloy (Ausd ₮), supported by Tether's Xau ₮-symbol provides a claim for material gold-in June 2024.
According to To the founder of Pointsville and former CEO of Vaneck Gabor Gurbacs, “Tether Gold is what the dollar was before 1971.”
“Xau ₮ rose 15.7 % on an annual basis, while the wide encoding market is present in The Red. mail.
Xaut is now at its highest levels after a historic gathering in the gold market. source: Gabor Gurbacs
American policy makers have a different idea
The US Secretary of the United States, Scott Payette, said that the Trump administration will focus on the use of a dollar Stablecoins to protect the dollar's budget status and ensure the American dollar dominance in global financial markets.
Speaking at the White House encryption summit on March 7, Bessent indicated that Stablecoin will be a top priority for management.
The ruler of the Federal Reserve, Christopher Waller, also expressed similar comments and expressed his support for the use of Stablecoins to support the US dollar before Bessent made statements at the summit.
American lawmakers also provided several Stablecoin to create a comprehensive regulatory framework for distinctive distinctive assets, including stable law for 2025 and Genius Stablecoin Bill.
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