Gold on the blockchain: metal-backed stablecoins as gold trades near $4,000 an ounce
With gold trading near $4,000 per ounce, investors are increasingly eyeing blockchain-based stablecoins backed by physical gold as a third alternative to bars and paper gold. These tokens are designed to track the gold price while allowing trading in fractions of an ounce without physical storage. The piece examines how such instruments work and whether they genuinely offer the safe-haven properties of traditional gold investment.
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