Hello, my all friends, how are you,
I hope you are all well. Today I have news that really made me think. Something new happens every day in the crypto world, but some news makes us stop and think.
[Src](https://unsplash.com/photos/text-pCJt0r3f02w)
Streamex Corp. recently announced its new gold-backed stablecoin, GLDY, and the company’s shares have risen by almost 20% since that announcement. The specialty of this token is that it is linked to the price of gold and offers an opportunity to earn about 4% per year, that too in terms of gold ounces.
I feel that this initiative is not just an investment product, but a new chapter in bringing real assets to the world of blockchain. Streamex wants people to have confidence in investing not just in digital tokens, but in real assets.
I find this combination of modern technology with an ancient asset like gold quite interesting. Because where many still view crypto with distrust, this type of project may be able to build a new bridge of trust.
However, this pre-sale is now open only to large investors, not to ordinary crypto users — that is the only sad aspect. But I believe that if this initiative is successful, such tokens will also reach ordinary investors in the future.
[Src](https://unsplash.com/photos/a-close-up-of-a-maze-sPUHGP5Sm30)
Finally, I would like to say, this connection of blockchain with gold may open up a new economic horizon. Maybe one day we will all use tokens that have real assets behind them.
What do you think, friends?
Can this gold-based stablecoin create new confidence in the investment world in the future?
Don't forget to let us know in the comments
Posted using SteemMobile
