Best Crypto Backed By Gold. It’s all up to you, assuming the asset is listed. This would be followed by an announcement that the chinese government is developing its own digital coin that is backed by gold.
These tokens possess a value of approximately 1 gram of gold per token. The mint offers the goldpass app that issues a certification with all issued gold bullion. The point would be made that all of this is happening because the chinese want to crash the us dollar.
With the token price pegged to the current gold price, there is less price volatility compared to bitcoin or other altcoins.
Every digix token is worth one gram of gold. The reason for this superiority lies in the potential of simultaneous. I can tell you that the cryptocurrency that china’s rolling out will be backed by gold. The crypto research report portfolio has 15% allocated to pax gold, and is staking that gold on crypto.com.