True stablecoins aren't the ones backed by deflating fiat currencies like the dollar.

They're backed by tangible assets with real value such as precious metals gold and silver.

When dollar-cost averaging out at the top and back in at the bottom, people typically use stablecoins like USDT, but there's a reason Tether also have Tether Gold. Gold is a much more stable store of value than any fiat currency, and thanks to blockchain technology can also act as a unit of account and medium of exchange. 

Gold and silver are sound money, just like Bitcoin and Ethereum could be, and investors looking to hedge against inflation and diversify their portfolios should be excited about them for these reasons:

Bullish catalysts for on-chain (digital) Gold & Silver!

There are many micro and macroeconomic bullish factors taking place, and that's without mentioning geopolitics at all! (War has an effect on both metals, but that's a post for another day).

A supply crunch is coming

Silver has been in a deficit since the covid lockdowns, and every major central bank outside of the federal reserve has been buying as much gold as they can get their hands on - what do they know that we don't?

Demand is about to go up, and supply will remain the same or go down as mining becomes more expensive.

Electric vehicles, solar panels and jewellery are hoovering up the silver supply, whilst gold is getting stockpiled for possible use as money...

BRICS+ currency 

That's right, a possible BRICS+ nations currency, rather than being a digitisation of existing fiat, might represent an on-chain basket of commodities backed by physical gold and other valuable assets. 

Whilst it isn't confirmed, we do know that the US dollar is fast losing its status as the world's reserve currency.

US Treasury Yields, Inflation & Dedollarisation 

That's right, the US economy - whilst stronger than sometimes expected - is in trouble.

India and China are typically the biggest buyers of US government debt, but with yields falling and rampant inflation worldwide, it seems these nations would prefer to buy gold and silver instead! 

Dedollarisation is accelerating, with the US dollar expected to lose its global reserve currency status in the next few years.

Mining stocks 

Finally, mining stocks are performing well, and continue to be an area of investment interest for fund managers. Indeed, new funds are being created to pour billions of dollars into this area.

Again, what do they know that they don't?

If someone leaves a comment and asks me to I'll edit this post to pop in my sources for the above, but in the meantime, here's some more info on gold and silver.

Thanks to the advent of blockchain technology, it is now very easy to spend, trade, send and hold gold and silver without needing expensive storage fees or insurance, or a vault in your house.

In fact, with Kinesis Money you can earn a monthly yield paid in more gold and silver simply for holding with them, with more yields if you spend or trade. 

Want to earn some silver for free right now? Use my link in the disclaimer below.

Disclaimer: I write for Kinesis and am part of their referral program, but that’s good news, because we can share an ounce of silver if you sign up with my link.