I've been doing a lot of research lately on the differences between a Gold Backed Crypto Stablecoin (https://swagg.gold/gold-backed-crypto-stablecoin) and your typical USD-pegged stablecoins (like USDT or USDC).
On one hand, Gold Backed Crypto offers stability tied to a real, scarce asset that has held value for thousands of years. Each token is backed by physical gold stored in a vault, which feels like a hedge against inflation and central bank money printing.
On the other hand, USD stablecoins have massive liquidity, are easy to use across DeFi, and track the world's reserve currency — but they're still dependent on the dollar's purchasing power, which keeps dropping over time.
So I'm curious:
* Do you trust a Gold Backed Crypto Stablecoin more than a USD stablecoin?
* Would you rather hold something tied to gold or stick with dollar-pegged tokens for convenience?
* Have you tried redeeming a gold-backed token for actual gold?
Looking forward to hearing everyone's thoughts, especially from those who are already using a Gold Backed Crypto in their portfolio!