Holders of gold and silver specie and currency would be able to use it as “legal tender in payment of debt” in the state of Texas. The gold and silver-backed currency would be electronically ...

As the name indicates, it is a form of crypto asset that offers greater stability because its value is pegged to another asset, such as gold ... currency-pegged stablecoins. Further, a rupee ...

The once-prosperous southern African nation of 15 million people in April introduced a new gold-backed currency called ZiG, short for Zimbabwe Gold, to replace one that had been battered by ...

Amid its ongoing pursuits, could the BRICS bloc be in line to ditch the US dollar for a gold-backed cryptocurrency? The economic alliance has been stashing gold reserves for much of 2024, with many ...

Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car ...

Discover Fast-Growing Stocks Every Month Within its first week, PAXG trading on Deribit exceeded $250 million in notional value, signaling strong interest in gold-backed tokens among traders ...

Tether has launched Alloy by Tether, a new asset backed by Tether Gold, combining gold’s reliability with a stable digital currency. Alloy by Tether features aUSD₮, a digital currency pegged to the US ...

For example, if Country A imported goods from Country B, it would pay in Gold or Gold-backed currency. The outflow of Gold from Country A reduced its money supply and caused domestic prices to ...

Gold and fiat currencies have dominated national reserves for centuries, but a new era demands innovative solutions.

Throughout history, gold served as hard money, a term denoting currency backed by tangible assets, ensuring stability. Unlike fiat currencies, which derive value from government decree ...

EAGLE, ID / ACCESSWIRE / / Nine bright young scholars earned $11,500 to put towards the cost of college through a scholarship program promoting the sound money cause. The Sound Money Scholarship is an ...