PANews reported on March 23 that according to Cointelegraph, Max Keiser, the senior Bitcoin advisor to the President of El Salvador, stated that a stablecoin based on gold will outperform dollar-pegged stablecoins globally due to gold's inflation hedging characteristics and minimal volatility. He believes that gold is more trusted globally than the US dollar and suggests that foreign governments with confrontational relations with the United States will not accept dollar-pegged stablecoins.
