Max Keiser Projects Global Predominance of Gold-Backed Stablecoins Over the Dollar

• Gold-backed stablecoins gain traction
• Gold challenges dollar dominance
• Regulation of stablecoins advances

Prominent Bitcoin proponent Max Keiser recently expressed a robust outlook on the future of stablecoins, particularly those backed by gold, highlighting their potential to outperform US dollar-pegged variants in terms of global adoption. According to Keiser, gold maintains its stature as an effective hedge against inflation and is notoriously less volatile compared to other stores of value.

In an update on his social media platform X, Keiser highlighted the distrust of certain countries toward the U.S. dollar, especially those with fragile diplomatic relations with the United States. “Russia, China, and Iran will not accept a U.S. dollar stablecoin,” he stated, suggesting that these countries might favor a gold-backed alternative. “I predict they will counter the USD stablecoin with a gold one. China and Russia have a combined total of 50.000 tons of gold, more than what is officially reported.”

A stablecoin backed by Gold would out-compete the USD-backed stablecoin on world markets: Russia, China, Iran should take note.

It would track inflation The USD does not. You're guaranteed to lose purchasing power.

The USD has no volatility, but again, you are guaranteed to…

- Max Keizer (@maxkeiser) March 22, 2025

The debate is intensifying as analysts warn of the potential erosion of dollar hegemony through gold-backed stablecoins. With the launch of Tether’s Alloy (aUSD₮) in June 2024, backed by Tether Gold (XAU₮) — a token directly tied to physical gold — the argument is growing that these new digital assets offer a contemporary alternative to traditional fiat currency backing.

As the outlook for gold-backed stablecoins takes shape, the Federal Reserve’s support for a robust regulatory framework for stablecoins, as reaffirmed by Chairman Jerome Powell, suggests a future where both gold- and dollar-backed stablecoins could coexist, marking a new chapter in digital finance history.