Articles for tag: ARYZE, Blockchain, Cryptocurrency, digital currencies, gold-backed currency, Solum Global, Stablecoin

January 8, 2025

Solum Global Inc. and ARYZE Forge Strategic Partnership to Drive Innovation in Sustainable Solutions and Digital Technologies

Solum Global, Inc. has teamed up with ARYZE to launch two new digital currencies: sgUSD, a stablecoin backed by the U.S. dollar, and sgGOLD, a gold-backed digital currency. These currencies will operate across multiple blockchains like Ethereum and Binance Smart Chain while following regulatory guidelines. This partnership will also provide custodial banking support to help ...

December 20, 2024

Market News

Crypto

Gold-Backed Digital Currency: Revolutionizing Finance for BRICS Nations and the Global Economy

The Brics nations—Brazil, Russia, India, China, and South Africa—are seeking to create a common digital currency backed by gold to reduce reliance on the US dollar. Geopolitical tensions, such as Russia’s exclusion from the Swift payment system, have pushed these countries to explore alternatives. Representing a significant share of the global economy and population, the ...

December 20, 2024

Market News

Crypto

Gold-Backed Digital Currency: A Game-Changer for BRICS Nations’ Economic Future

Global trade is changing, pushing countries to find a reliable alternative to the dollar for international transactions. In light of geopolitical tensions, the Brics nations—Brazil, Russia, India, China, and South Africa—are considering a shared currency backed by gold and their currencies. This gold-backed digital currency could lower transaction costs and lessen exchange rate volatility, potentially ...

November 29, 2024

Market News

Crypto

Texas Advances to Implement 100% Gold-Backed Currency for Secure Transactions and Economic Growth

Texas legislators are taking a significant step in reshaping the financial landscape by proposing bills to create a state-backed digital currency redeemable in gold and silver. Introduced by State Representative Mark Dorazio, these bills—House Bill 1049 and House Bill 1056—aim to offer Texans a stable monetary alternative to the traditional federal currency. This digital currency ...