Opinion: Gold-backed stablecoins will outperform dollar-pegged stablecoins
ChainCatcher news, according to Cointelegraph, Bitcoin extremist Max Keiser stated that due to gold's inflation-hedging properties and minimal volatility, gold-backed stablecoins will outperform dollar-pegged stablecoins globally.
Keiser believes that gold is more trusted worldwide than the dollar and stated that foreign governments in adversarial relationships with the United States will not accept dollar-pegged stablecoins.
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