Altcoins > State-backed cryptocurrency

What is meant by gold-backed stablecoin?

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shirawilliam:
Stablecoin is a sort of cryptocurrency which is aid to stabilize the crypto value by backing some real-world asset with the tokens. The familiar example for that gold-backed stablecoin. Which is nothing but the popular gold metal is backed with the token which is known as gold-backed stablecoin. Ther are numerous gol-backed stablecoin is available in the market for the usage. Some of them are,
* [/size]BullionCoin (XAAU)
* [/size]Currensee (CUR)
* [/size]Egold (EGD)
* [/size]Flashmoni (OZG OZT)
* [/size]Gold Bits Coin (GBC) [/size]There are more advatge for using this gold-backed stablecoin. Know more details of the [/size]gold-backed stablecoin development[/font][/url][/color][/size] & create your own stablecoin else WhatsApp - +919843555651

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