What are gold-backed stablecoins and can they become the future of digital gold investing?
· livemint.com
As gold prices rise amid West Asia tensions, India increases customs duty on gold to 15% to conserve foreign exchange. With gold imports hitting a record $71.98 billion, discussions on gold-backed stablecoins emerge as a potential investment option for households and a hedge against inflation.
Sanchari Ghosh
Sanchari Ghosh is an Assistant Editor at Mint with over 12 years of experience in journalism, specialising in personal finance, DLT & DeFi, geop...