[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![PeterSchiff Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::56562803.png) Peter Schiff [@PeterSchiff](/creator/twitter/PeterSchiff) on x 1.2M followers
Created: 2025-05-18 23:06:43 UTC

Stable coins backed by dollars don't generate any yield for holders of the tokens. Given that drawback, why would anyone want to own a token backed by dollars when you can own one backed by gold? Clearly the future of asset backed tokens belongs to gold not dollars or Treasuries.


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1924240262676480422/c:line.svg)

**Related Topics**
[token](/topic/token)
[holders](/topic/holders)
[coins](/topic/coins)

[Post Link](https://x.com/PeterSchiff/status/1924240262676480422)