Commodity backed crypto currency news

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In mid, TerraUSD was de-pegged, losing its value, simultaneously crashing market and growing investor demand traditional dollars, facilitating cross-border transactions.

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New bill would reclassify some crypto as a commodity
An Argentinian company that is creating a crypto to tokenize grain by the ton has inked a deal that will see its coins accepted as loan. Top 3 Commodity-Backed Tokens in � AABBG is a % gold-backed token supported by a minimum of g of the gold spot price. � AGX token is. Commodity-backed stablecoins make precious metals and other commodities easy to carry and more divisible while maintaining the same value as their reserve. Gold.

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calendar_month 20.08.2022

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calendar_month 22.08.2022

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calendar_month 23.08.2022

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calendar_month 29.08.2022

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By Glenn Williams. Wang, Ma, and Wu analyse three USD-pegged and three gold-pegged stablecoins DGD, HGT, and XAUR up to March and show that even though gold-backed cryptocurrencies are not as effective as gold in their safe haven properties, they can still be used effectively in reducing extreme losses. Next is Polygon with 5.