{"content":"🪙 Peter Schiff’s Gold Token — A New Chapter in Blockchain Adoption 📅 Date: October 2025 📍 Source: Benzinga | TheStreet | Mitrade --- World-famous gold advocate and crypto critic Peter Schiff is taking a surprising turn — he’s now embracing blockchain technology through the tokenization of gold. Schiff has announced plans to launch his own gold-backed digital token, allowing investors to hold and trade physical gold in digital form on the blockchain. --- 💬 What Peter Schiff Said “If you’re going to back a token with something,” Schiff argued, > “why back it with fiat money like the dollar when you can back it with real value — gold?” He emphasized that blockchain technology isn’t useless; it simply needs to be applied to real, tangible assets. --- ⚙️ Why This Matters Gold + Blockchain Merge: For the first time, traditional gold investors can trade fractional ownership of gold digitally. Challenge to USD Stablecoins: Schiff believes gold-backed tokens are far more trustworthy than fiat-backed ones. Boost for Real-World Assets (RWA): When a hard-core gold maximalist like Schiff supports tokenization, it signals strong credibility for the RWA trend. --- ⚠️ But Caution Remains Schiff made it clear that he’s not turning into a crypto investor — he still distrusts speculative coins. His focus is on using blockchain as a tool to make real assets like gold more liquid, portable, and divisible. --- 🪙 Bottom Line Peter Schiff’s entry into gold tokenization could become a turning point for blockchain adoption. The big question now — could gold become the next big digital asset trend? $PHB {spot}(PHBUSDT) $QKC {spot}(QKCUSDT) $RED {future}(REDUSDT)","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/23/0352eb0b87a074ae541a7c56cf106b14.jpg","https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/23/e80833b1172519ffced09b73ef8ed362.jpg"],"tags":[],"tradingPairs":["RED/USDT"],"quotearticleid":0}