According to ChainCatcher news, reported by Cointelegraph, bitcoin maximalists Max Keiser stated that gold-backed stablecoins will outperform USD-pegged stablecoins globally due to gold's inflation hedging characteristics and minimal fluctuations.
Kaizer believes that gold is more trusted globally than the US dollar and stated that foreign governments that have an antagonistic relationship with the US will not accept stablecoins pegged to the dollar.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Viewpoint: Gold-backed stablecoins will outperform USD-pegged stablecoins.
According to ChainCatcher news, reported by Cointelegraph, bitcoin maximalists Max Keiser stated that gold-backed stablecoins will outperform USD-pegged stablecoins globally due to gold's inflation hedging characteristics and minimal fluctuations. Kaizer believes that gold is more trusted globally than the US dollar and stated that foreign governments that have an antagonistic relationship with the US will not accept stablecoins pegged to the dollar.