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TechFlow news, March 23 — According to Cointelegraph, Bitcoin maximalist Max Keiser said on March 23 that stablecoins backed by gold will outperform dollar-pegged stablecoins globally due to gold's inflation-hedging properties and minimal volatility.
Keiser believes gold is more trusted worldwide than the U.S. dollar and stated that foreign governments in adversarial relationships with the United States would not accept dollar-pegged stablecoins.
According to Cointelegraph, Bitcoin maximalist Max Keiser said that stablecoins backed by gold will outperform dollar-pegged stablecoins globally due to gold's inflation-hedging properties and minimal volatility. Keiser believes gold is more trusted worldwide than the U.S. dollar, and noted that foreign governments in adversarial relationships with the United States would not accept dollar-pegged stablecoins.
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