For all you precious metals and stablecoin lovers out there:
Diversification is par for the Investing 101 course; and, you need not be a sophomore in logic to see the benefit of including in your portfolio an asset that has never been worth $0.
With the recent outbreak of the Coronavirus, US-China trade wars, Brexit, ongoing tensions in the Middle East -- Gold has seen some nice gains as of late...and, THANKS TO BLOCKCHAIN TECHNOLOGY, we can now own and trade real, physical shares of this timeless asset via our handy-dandy crypto-wallets [like their dollar-pegged counterparts, most are ERC-20, but that's not to negate the cool projects from the likes of Uphold Wallet, or even the NEO-based Novem Gold token that is in the Pre-Sale stage].
Just as we have GUSD, USDC, USDT, TUSD and PAX pegged to the $, so too can we leverage the same concept for Gold. So, what's your preferred Gold-pegged stablecoin these days?
Digix Gold Token (DGX)
Pax Gold (PAXG)
Tether Gold (XAUt)
Uphold Wallet Gold (XAU)
OTHER [specify]
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Tether Gold (XAUt)
(50.0%)
4
/ 8
OTHER [specify]
(37.5%)
3
/ 8
Digix Gold Token (DGX)
(12.5%)
1
/ 8
