Preferred Gold-Backed Stablecoin
For all you precious metals and stablecoin lovers out there:
Diversification is par for the Investing 101 course; and, you need not be a sophomore in logic to see the benefit of including in your portfolio an asset that has never been worth $0.
With the recent outbreak of the Coronavirus, US-China trade wars, Brexit, ongoing tensions in the Middle East -- Gold has seen some nice gains as of late...and, THANKS TO BLOCKCHAIN TECHNOLOGY, we can now own and trade real, physical shares of this timeless asset via our handy-dandy crypto-wallets [like their dollar-pegged counterparts, most are ERC-20, but that's not to negate the cool projects from the likes of Uphold Wallet, or even the NEO-based Novem Gold token that is in the Pre-Sale stage].
Just as we have GUSD, USDC, USDT, TUSD and PAX pegged to the $, so too can we leverage the same concept for Gold. So, what's your preferred Gold-pegged stablecoin these days?
- Digix Gold Token (DGX)
- Pax Gold (PAXG)
- Tether Gold (XAUt)
- Uphold Wallet Gold (XAU)
- OTHER [specify]
Answer the question at dpoll.xyz.