Opinion: Stablecoins based on gold will surpass those pegged to the US dollar
According to a ChainCatcher message reported by Cointelegraph, Bitcoin extremist Max Keiser stated that due to the inflation hedging characteristics and minimal volatility of gold, stablecoins based on gold will surpass those pegged to the US dollar globally.
Keiser believes that gold is more trusted worldwide than the US dollar and states that foreign governments in conflict with the United States will not accept stablecoins pegged to the US dollar.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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