Today at 3 pm, GGC\USDT officially opened on Loex. The current GGC price fluctuated slightly around 0.465 USDT.

People's Bank of China President Says Global Stable Currency Brings Multiple Risks to Policy and Regulation. More degitals:

"Gold is the quintessential scarce asset. Gold is well-accepted as a hedge to economic cycle risk, and geopolitical risk." https://t.co/fAlPvgCLOK

Max Keiser, host of the Keiser Report on media channel RT, predicted that China will issue a gold-backed cryptocurrency and that the price of bitcoin will reach $100,000. https://t.co/gQh1q3vWPs

The Standing Committee of the 13th National People's Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV. https://t.co/sEoRuLZJ7N

Catherine Raw said, "The very tangible nature of gold is what keeps a special place for it. So it will always have value, whatever the price is, I don’t know, but it will not be zero." https://t.co/ivv93oKEP5

Zuckerberg stated that Libra would ensure that the U.S. stays a financial leader globally… For detials:

In September, global gold-backed ETFs and similar products had US$3.9bn of net inflows across all regions, increasing their collective gold holdings by 75.2 tonnes(t) to 2,808t, the highest levels of all time.

The phrase “In God We Trust” is printed on USD fiat. No other instruments of science or measurement have this inscription. The mercury thermometer needs no such appeal. Currency, rightly designed, is based not on faith, but upon science and nature. True of gold, true of Bitcoin.

Forbes chairman and editor-in-chief Steve Forbes said Bitcoin's challenge now is becoming a coin as trustworthy as gold — an assert that has earned its status the hard way over thousands of years. https://t.co/JtoHWXYmtt

"Gold is well-known for its inflation hedging properties. During periods of higher inflation — higher than 3% — the gold price has risen in both the US and the UK... it’s the same story in China." Ray Jia talks #gold, #inflation and pork on #Goldhub: https://t.co/Us5pbQnyMY

In order to meet the demand of "stability", gold-backed stablecoins are combining the advantages of gold and Bitcoin. https://t.co/baIOAvnwrD

Hold gold-backed stablecoin,  it's helpful to against global volatility. https://t.co/X1Lyv5LktK

Three key attributes make #gold a strategic investment asset; returns, diversification and liquidity. Combined, these attributes can have a positive impact on portfolios.

“Pegging a cryptoasset to gold, rather than the USD or other government monopolized fiat, is the way to go if we really want a stablecoin.” For details… https://t.co/MqgkcTywPV

“Investing in gold-backed stablecoin is one of the smartest investment moves at the moment.”

Gold prices jumped 1% on Monday as an attack on Saudi Arabia's oil facilities dented risk appetite, boosting demand for the safe-haven bullion…For details:

“If there is a cryptocurrency that is really backed by gold… then this could be quite interesting.” Famous emerging markets investor Mark Mobius said. For details:

As Peter Schiff, Chairman of SchiffGold says: the only reason that cryptocurrencies exist is because of regulations that stop us from using gold as money. Not only #XRP, stablecoins backed with #gold can meet the demand of "stability".

In case you miss it, the newsletter of August is here: https://t.co/b6V6XXeQo1 For Japanese version:

JPMorgan is back and being rebooted after the silence over the past year. According to Oli Harris, JPMorgan's Head of Quorum and Crypto-assets Strategy, is intended to be like 'tokenized cash' on the Quorum #blockchain, backed by #gold. https://t.co/1xx2W8lKFN