Max Keiser: Gold-backed stablecoins will surpass the US dollar-pegged stablecoins in global markets
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2025-03-23 06:01 9,351
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According to Bitcoin extremist Max Keiser, gold-backed stablecoins will surpass the dollar-pegged alternatives worldwide due to gold's anti-inflation properties and minimal volatility. Keiser believes that globally, gold is more trusted than the dollar and says foreign governments that have hostile ties to the United States will not accept stablecoins pegged to the dollar.
The Bitcoin extremist added: "Russia, China and Iran will not accept the dollar stablecoins. I predict they will use gold stablecoins to fight the dollar stablecoins. China and Russia have a combined 50,000 tons of gold, more than reported."
Gold-backed stablecoins surpass the potential of the dollar-pegged token in the international market and will overturn the plan proposed by U.S. lawmakers to expand the dominance of the dollar through stablecoins. .