Web3.0

Max Keiser predicts gold-denominated stablecoins could overtake US dollar-denominated ones

2025/03/24 13:09 (Updated 2025/04/18 06:02)
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Written by A.Yamada
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Max Keiser predicts gold-denominated stablecoins could overtake US dollar-denominated ones

Gold-denominated stablecoins predicted to grow

On the 23rd, Max Keiser, a journalist who is knowledgeable about crypto assets (virtual currencies) and a Bitcoin (BTC) supporter, said that gold-backed stablecoins will beat US dollar-denominated stablecoins in the global market in the future.

The main factors behind this belief are as follows:

Russia, China, and Iran are thought to be unwilling to accept US dollar-denominated stablecoins.

Gold rises in correlation with inflation, but the US dollar does not.

Bitcoin is a deflationary asset, but its volatility (price fluctuations) is too large...

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