★ETF Giant Challenges Tether and Paxos With Framework for Tokenized Gold
"The World Gold Council's entry into tokenized gold signifies a critical maturation of the digital asset market, potentially diverting institutional capital from stablecoins like USDT/USDC into regulated, asset-backed alternatives. This move could reshape market structure by legitimizing tokenized real-world assets (RWAs) and setting a precedent for traditional finance to directly compete in the digital asset space, influencing future regulatory frameworks and capital allocation strategies."

The Big Coin Report Take
The World Gold Council, a legacy institution, is now dabbling in tokenized gold, apparently viewing stablecoin issuers as its new competition. It seems even old money is realizing the only way to make gold interesting again is to put it on a blockchain.
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