Max Keiser, a Bitcoin maximalist, asserts that gold-backed stablecoins will surpass US dollar-pegged alternatives due to gold's historical acceptance as money and its resistance to geopolitical tensions and inflation. He highlights that nations like Russia, China, and Iran are unlikely to adopt dollar-pegged stablecoins, predicting they will instead favor gold-backed options given their substantial gold reserves. These stablecoins, such as Tether Gold, which ties to physical gold, could fundamentally alter international financial dynamics and undermine US legislative efforts to promote dollar-centric stablecoin regulations. Additionally, with the gold market experiencing significant growth, gold-backed tokens like XAU₮ have performed well compared to the broader crypto market, reinforcing the viability of gold as a stable asset amidst economic uncertainty. In contrast, US governmental efforts are focused on supporting dollar-backed stablecoins to maintain US financial dominance globally, as expressed by Treasury Secretary Scott Bessent during a recent White House Crypto Summit for regulatory frameworks regarding these assets.

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