Gold-backed stablecoins will outcompete US dollar-pegged alternatives worldwide due to gold’s inflation-hedging properties and minimum volatility, according to Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”null”>BTC) maximalist Max Keiser.
Keiser data-ct-non-breakable=”null” href=”https://x.com/maxkeiser/status/1903479950121869755″ rel=”nofollow noopener” target=”_blank” text=”null” title=”https://x.com/maxkeiser/status/1903479950121869755″>argued that gold is more trusted than the US dollar globally, and said governments of foreign nations with an adversarial relationship to the United States would not accept dollar-pegged stablecoins. The BTC maximalist added:
“Russia, China, and Iran are not going to accept a US dollar stablecoin. I predict they will counter the USD stablecoin with a… lockquote>
