According to Bitcoin (BTC) Maxmalist Max Keriz, gold -backed Stabbicins will counter gold inflation -related properties and minimal fluctuations due to US dollar influence worldwide.
Keser argued that gold is more trusted by the US dollar globally, and said that foreign countries’ governments, which have opposition to the United States, will not accept the dollar with the dollar. BTC Maxmalist added:
“Russia, China, and Iran will not accept the US dollar’s stable queen. I predict that they will compete with the US dollar stabbing with gold. China and Russia have a joint 50,000 tonnes of gold – more than that.”
The possibility of dollar -backed token capabilities for gold -backed stabbuts in international markets will increase plans to expand US dollar dominance by US lawmakers proposed by Stable Queens.
Source: Maxizer
Related: Government BitCoin can realize the benefits received on a gold certificate to buy: Bo Hans
Gold -backed Stabbicins meet the US dollar’s original promise?
The Stabbican-issued teacher launched a gold-backed stabbicon, named Eli (Osed ₮), supported by the teacher’s Zhao-a token that provides a paper claim to physical gold-in June 2024.
“Teacher Gold is the same as the dollar was before 1971.
The executive wrote in the March 19 X post that “Zhao ₮ has increased by 15.7 percent in the annual history, while the wide crypto market is in red. The foundations and businesses should heal them with Zhao.”
After the historic rally in the gold market, the zout is now at the height of all time. Source: Gabar Gorbaks
US policy makers have a different idea
Scott Basant, secretary of the United States Treasury, said the Trump administration would focus on the use of dollar -related stabbicins to save the dollar reserve currency status and ensure US dollar supremacy in global financial markets.
Addressing the White House’s crypto summit on March 7, Basant indicated that this stable government would be a top priority for the administration.
Federal Reserve Governor Christopher Waller also expressed similar comments, and Basant expressed his support for the use of stable queens to advance the US dollar before giving remarks in the summit.
US lawmakers have also introduced several stubborn bills to set up a comprehensive regulatory framework for Tokinized Fateh Assets, including a stable Act of 2025 and the Genesis Stable Queen Bill.
Magazine: Unstable Queens: Deeping, Bank Runs and other dangers loom
