2018-9-21 00:00 |
Earlier this month, three stablecoins (Gemini, Paxos and Carbon) that are pegged 1:1 to the U. S. dollar launched with regulatory approval. But many investors don’t like the dollar’s inflationary features and some undoubtedly prefer value stored in precious metals.
This week, a Switzerland-based startup launched an ERC-20 token whose price is tied to gold, opening a crypto-investing avenue that appeals to traditionalists.
Eidoo’s (Ekon) coin is redeemable for one gram of 99. 9 percent fine gold.
Continue reading New Crypto Backed By Gold Bullion Makes Debut at Crypto Daily™.
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