mBridge and Alloy by Tether Bring Tokenized Physical Gold to Digital Currencies
Various developments in emerging finance are implementing gold-back digital currencies and tokens.
gold backed digital currency
Texas Committee Passes Bill To Create 100% Gold And Silver-Backed Transactional Currencies
Legislators in Texas are leading the charge against the Federal Reserve’s monopoly on fiat money by offering an option for people to conduct business in sound money.
Physical gold and silver that would support the backing of the digital currency would be stored in a pooled account at the Texas State Bullion Depository.