Coronavirus outbreak has affected all our lives financially, and mentally. The corona pandemic, which has to blast out to the world from Wuhan, China, is showing its impact across the world. The easiest way to vanish this corona spread is to maintain community distancing! To sustain community distancing, many unions have imposed lockdown regulations.
At this time most of traditional & offline business is affected due to Corona Series but at the same time, online business like cryptocurrency and blockchain-based businesses are stabilizing their position in the market and build their strong community around the world via online.
Crypto research says — “Gold-backed stablecoin continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult.”
After this research report, gold-backed stablecoins play a major role in the crypto market. Certain gold-backed cryptocurrencies reflect the gold prices and are much more stable and secure than the other cryptocurrencies like Bitcoin, Ethereum, Ripple and more. Individuals and investors who are worried about inflation or the security of cryptocurrency may prefer to store their value as gold.
Benefits of Gold-backed Stablecoin
- Stable & Reliable
- Solid store of value
- Allows access to blockchain apps
- Easier to store and sell than gold
- 100% Backed & Secure
- Transparent
- Widespread Integration
- Easy Access
- And more
How to create gold-backed cryptocurrency like Tether Gold (XAUT)?
Tether Gold (XAU₮), a is stablecoin that is pegged to real gold, in response to “growing demand for a digital asset that offers exposure to the world’s most enduring asset and an environmentally need for an alternative financial system.”
Tether gold coin is available as an ERC-20 token on the Ethereum blockchain and as a TRC20 token on the TRON blockchain; each token represents ownership of one fine troy ounce of gold.
If you wish to develop the feature-packed, secure gold-backed stablecoin like Tether gold (XAUT), then reach out to the expert team of Developcoins.
Developcoins — Leading Stablecoin Development Company in India
Developcoins is a foremost stablecoin development company, offering intuitive stablecoin development services across different blockchain platforms like Ethereum. Our well versed stablecoin developers build unique high-end gold-backed stablecoin for the traders with the focus to deliver a gold-backed stablecoin with spectacular essential attributes.
Our team brings stunning and innovative stablecoin development solutions. The leading gold-backed stablecoin development company aim is to bring our client’s ideas into reality and offer them the gold-backed stablecoin according to the competitive market which can meet all the demands of the user, traders and investors in terms of modernity and advance features.
We create our gold-backed stablecoin with client requirements, futuristic, and current market trends. Security is our high-priority, and hence we offer multi-factor features for utilizing your gold-backed stablecoins.
Ready to work with us? Tell us more…
We will get back to you within 24 working hours with complimentary quotes for your crypto project!
Create your gold-backed stablecoin like Tether Gold (XAUT) with Developcoins