Thinking about the connection between precious metals and stablecoins lately. The question keeps popping up – could we be seeing gold backing or influencing Tether's reserves in unexpected ways?
The traditional safe haven meeting crypto stability mechanisms. Worth watching how these two worlds might be colliding behind the scenes. Anyone else noticing the patterns here?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
9
Repost
Share
Comment
0/400
ETHmaxi_NoFilter
· 11-28 13:15
hmm Tether is playing tricks again? Gold backing sounds good but I don't trust you at all...
View OriginalReply0
GamefiHarvester
· 11-28 11:08
Wait, gold backing USDT? Isn't this just going back to the gold standard? LOL
View OriginalReply0
DefiPlaybook
· 11-28 07:17
Gold-backed USDT? This time I'm betting that on-chain data will lie.
View OriginalReply0
GmGmNoGn
· 11-28 04:34
Wait, is USDT really hoarding gold? If this happens, that would be bull.
View OriginalReply0
ClassicDumpster
· 11-25 13:45
Uh... gold is related to USDT? What's the logic behind this? It's a bit extreme.
View OriginalReply0
ParallelChainMaxi
· 11-25 13:45
Gold backing USDT? This idea is a bit crazy, but it doesn't sound that absurd to me.
View OriginalReply0
NFTArchaeologis
· 11-25 13:43
The dialogue between the gold standard and algorithmic stablecoins seems reminiscent of a certain Renaissance. In ancient times, people recorded wealth with gold, today it is done with code. However, Tether's ledger must truly be transparent to count.
View OriginalReply0
GasFeeBeggar
· 11-25 13:40
Bro, does USDT really have gold backing? I feel like this is just a legend...
View OriginalReply0
FancyResearchLab
· 11-25 13:34
Another useless innovation, a stablecoin backed by gold, should theoretically be feasible, but in practice, it is likely just another "trust game."
Is gold getting Tethered now?
Thinking about the connection between precious metals and stablecoins lately. The question keeps popping up – could we be seeing gold backing or influencing Tether's reserves in unexpected ways?
The traditional safe haven meeting crypto stability mechanisms. Worth watching how these two worlds might be colliding behind the scenes. Anyone else noticing the patterns here?