CoinsAQ summary · neutral
If tokenized gold is just a "trust-me-bro" IOU, what’s really on-chain?
What happened
We run 5 trust tests, settlement, redemption, admin-keys, proofs, custody, to stack gold tokens vs in-kind BTC ETFs and native BTC. We audit popular gold tokens against five trust tests, then compare them with BTC ETFs and native BTC settlement. Binance founder Changpeng Zhao.
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