Reserve Bank of Zimbabwe launches gold-backed digital token ZiG
RBZ has launched a gold-backed ZiG digital token to address currency instability and inflation. ZiG offers a stable and versatile investment option, gaining investor interest. Investors have purchased 350kg of…
Zimbabwe to issue gold-backed digital currency to save local currency
The Zimbabwe dollar has been depreciating against the US dollar. The country has been struggling with inflation for more than a decade now. The Reserve Bank of Zimbabwe (RBZ) has…
Iran and Russia are working on gold-backed stablecoin: report
Iran and Russia are reportedly eyeing a new stablecoin for cross-border trade, including in the Astrakhan special economic zone. The stablecoin will be backed by gold, according to local Russian…