64 Gold vs. Dollar in the Stablecoin War1. Gold-Backed Stablecoins Are Rising Gold has historically been trusted as money and is now entering the stablecoin race. Tether launched Alloy (aUSD₮), backed by Tether Gold (XAU₮) — a digital claim to physical gold.2. Max Keiser: Gold Will Beat USD Stablecoins Keiser believes nations like Russia, China, and Iran won’t accept USD-backed tokens.These countries are more likely to use gold-backed stablecoins to bypass US financial control.3. Geopolitical Pushback Against Dollar Dominance Countries adversarial to the US may reject dollar-based systems and opt for gold reserves (Russia + China reportedly hold ~50,000 tonnes). This could disrupt US stablecoin strategy and dollar hegemony in global finance. 4. Tether Gold Gains AttentionXAU₮ has gained 15.7% YTD, outperforming much of the crypto market. Gabor Gurbacs says Tether Gold reflects what the US dollar was pre-1971 — backed by real assets. 5. US Government Backs Dollar-Pegged Stablecoins Treasury Secretary Scott Bessent and Fed Governor Christopher Waller both support stablecoins to preserve USD dominance. The White House is prioritizing a regulatory framework for dollar-backed tokens via the Stable Act of 2025 and GENIUS bill. Provide a caption (optional)
