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Gold-Backed Vs USD-Backed Stablecoins: Key Differences | ZeroHedge

Authored by Dilip Kumar Patairya via CoinTelegraph.com,

What are gold-backed stablecoins, and how do they work?

Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days of cryptocurrency, with developers aiming to create a reliable store of value. 

Each gold-backed stablecoin represents a specific quantity of gold. For instance, one token might (more…)

Continue ReadingGold-Backed Vs USD-Backed Stablecoins: Key Differences | ZeroHedge

Wells Fargo Analysts Say Amazon Paused Some Data Center Lease Commitments | ZeroHedge

First came China's "Deep Seek" moment at the start of the year. Then TD Cowen's Michael Elias told clients Microsoft was scaling back data center projects in the U.S. and Europe. Shortly after, Goldman Sachs pulled forward its peak data center forecast to this year. Now, Wells Fargo analysts report that Amazon has paused some data center lease negotiations for its cloud division.

"Over the weekend, we heard from several industry sources that Amazon Web Services (more…)

Continue ReadingWells Fargo Analysts Say Amazon Paused Some Data Center Lease Commitments | ZeroHedge