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Gold-backed stablecoins will outcompete US dollar-pegged alternatives worldwide due to gold’s inflation-hedging properties and minimum volatility, according to Bitcoin (BTC) maximalist Max Keiser. Keiser argued that gold is more trusted than the US dollar globally, and said governments of foreign nations with an adversarial relationship to the United States would not accept dollar-pegged stablecoins. The BTC maximalist added: «Russia, China, and Iran are not going to accept a US dollar stablecoin. I predict they will counter the USD stablecoin with […]

Today in crypto, Ledger’s Ian Rogers says the battle between crypto security advancements and hackers will never end, Pakistan’s Crypto Council proposes mining BTC with excess, runoff energy, and crypto analysts anticipate continued pressure owing to trading wars until April. Crypto security will always be a game of ‘cat and mouse’ — Wallet exec Cryptocurrency wallet providers are getting more sophisticated, but so are bad actors — which means the battle between security and threats is at a deadlock, says […]

The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry’s longest crypto winter. Algorithmic stablecoins employ code-based mechanisms to ensure their price stability, as opposed to fiat stablecoins pegged directly to the value of the underlying currency. The Sonic blockchain is working on the implementation of an algorithmic stablecoin with up to 23% annual percentage rate (APR), according to Andre Cronje, […]