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The last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold per ounce jumped over $2k during the first week of August. Meanwhile, similarly to the physical counterparts, two blockchain tokens that claim to be backed […]
The post As Gold Prices Soar, Two Gold-Backed Tokens See Increased Demand Fetching Premiums appeared first on Bitcoin News.
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The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether gold (XAUT), which will be listed for trading […]
The post More Than 77 Crypto Projects Claim to Be Backed by Physical Gold appeared first on Bitcoin News.
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