China’s Gold-Backed Crypto Yuan On TRON: HUGE Implications
- Analyst Marty Party suggests China backing its digital Yuan with gold on TRON, a controlled crypto push endorsed by Justin Sun, citing China’s gold preference and global ambitions.
- Marty Party also envisions a US digital dollar backed by Bitcoin and gold on public blockchains, aligning with CBDC exploration and Trump’s “strategic Bitcoin reserve” concept.
- Both digital currencies as pegged stablecoins on various blockchains signal a potential shift, bringing traditional assets like bonds onto blockchain networks for new trading methods.
If China were to back its digital yuan with gold and implement it on a public blockchain like TRON, this would be a significant, albeit controlled, push into the crypto space. This…
