Analysts suggest that gold-backed stablecoins may soon surpass USD-pegged counterparts in popularity. This trend reflects growing interest in combining the stability of gold with the flexibility of digital currencies.
CROFAM SOCIAL NETWORK
According to Sveinn Valfells, co-founder and chair of Monerium, stablecoins offer cheaper and faster money movement, global availability, open-access, and programmability. Unlike the first generation of stablecoins, which were niche and illegal, the current generation is fungible, compliant, and integrated with financial infrastructure. These new stablecoins, regulated under European e-money rules, are safe and suitable for mainstream use, promising a wave of efficient onchain fintech applications that surpass traditional fintech offerings