• Raze Network completes triple IDO and balancer LBP event

  • Bitcoin price prediction: Bitcoin retests $54,000, prepares to move higher later today 

  • Crypto Data Aggregator CoinGecko Launches ‘NFT Spotlight’

  • DeFi Protocol EasyFi Reports $55M Hack Due to Metamask Admin Key Loss 

  • Gaming Giant Ubisoft Has Become A Validator In Tezos Network

  • Japanese Crypto Exchange Relaunches XRP Trading, Will Other Exchanges Relist XRP?

  • Bitcoin Loses Key Support as Bears Continue: ETH Tumbles Towards $2K (Market Watch)

  • Phone Giant Deutsche Telekom Invests in Celo's Crypto Network

  • Crypto Bull Run Is Not Yet Over Says Crypto Analyst

  • TeraBlock secures $2.4 Million to build a newbie-friendly crypto exchange powered by Machine Learning

  • Журнал Time начал принимать криптовалюты для оплаты подписок

  • Bitcoin (BTC) Struggles to Create Higher Low Following Massive Dip

  • XRP Reports Massive Jump In Weekly Institutional Inflows

  • Gaming Collectibles Merge with Crypto: NFTs to Own for Fans

  • Bitsgap introduces combo AI Bot for seamless Future Trading

  • StormGain makes Crypto mining accessible to all smartphone users

  • 防堵「泡菜溢價」淪套利工具!南韓緊縮加密幣監管規定

  • ODDZ Protocol Token lists on AscendEX

  • BexPlus announces 100% deposit bonus on XRP trading

  • 45,000,000 #ANKR (6,405,648 USD) transferred from #Bittrex to unknown walletDetails

  • Австралийский регулятор призвал криптовалютные компании к сотрудничеству

  • https://twitter.com/LBank_Exchange/status/1384393287507734531 By @Crypto_Tweets

  • Newegg An Online Retail Giant Started Accepting Dogecoin As Payment Method

  • SOLANA (SOL): WILL IT REMAIN EXTREMELY BULLISH???

  • DOGE Price Analysis: DOGE Leads Crypto Market In Sea Of Red, Up by 500% WoW

  • MLB Legend Ted Williams’ NFT Art on Deck at Auction

  • https://twitter.com/CoinDCX/status/1384389112950525955 By @Crypto_Tweets

  • Ripple Price Prediction: XRP plunges fast towards the $1 mark as the market turns red

  • Bitfarms estimates Argentinian facility will reduce BTC mining costs by 45%

  • BNB、OKB、FTT 漲翻天!從數據分析:平台幣是否被高估了?

  • Dogecoin Beats Tether, DOGE Enters Top 5 Cryptocurrencies

  • Hooks Add Smart Contract Functionality To XRP Ledger

  • https://twitter.com/gate_io/status/1384385230979567616 By @Crypto_Tweets

  • https://twitter.com/iSafePal/status/1384384493423775745 By @Crypto_Tweets

  • Cardano price prediction: ADA rejected at $1.30, what’s next?

  • SEC Accused by Ripple of Using Improper Intimidation Tactic to Extract XRP Info During Discovery

  • 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,220 #BTC (122,325,010 USD) transferred from unknown wallet to unknown walletDetails

  • Newegg Now Accepting Dogecoin for Payments Via BitPay

  • https://twitter.com/WazirXIndia/status/1384379117689311237 By @Crypto_Tweets

  • 💵 8,000,000 #USDC (8,000,000 USD) minted at USDC TreasuryDetails

  • Bahamas Ranks First as The Country with Most Advanced Retail CBDC Development

  • Bitcoin’s monthly on-chain transaction volume hits record high in March

  • DeFi is About to Change the World: Exclusive Interview with Evan Luthra

  • ODDZ listing on AscendEX

  • New crypto giant coming in next month. Exchange with lot of DeFi features. High reward potential

  • 08 April
  • The Rise of Gold-backed Stablecoins in a Post-Pandemic World

Thu, Apr 8, 2021 12:37 PM by Coinfomania

The Rise of Gold-backed Stablecoins in a Post-Pandemic World

Gold-backed stablecoins are on the rise. The assets are essentially a streamlined way to invest in gold without much hassle. Gold-backed stablecoins, generally purchased on a gold-backed crypto exchange, are free from a controlling intermediary. There’s no one to decide what you should do with your funds, nor a party who can take them from you. This is significant, considering the current state of the world. Dealing with a pandemic has been nothing short of stressful. The United States government has responded by printing tons of money for stimulus checks. While this isn’t inherently bad, it does inflate the dollar.

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