Dec. 12 at 3:26 AM
$ABVE $HSBC launched its gold‑backed token on private ledger mainly for its HK clients - NOT a public crypto stablecoin.
$AABB claims 100% gold backing (UNAUDITED) of an ERC‑20 token but no publicly released 3rd‑party audit on its reserves - NO transparency; NO public proof; NOT a regulated stablecoin
$SII &
$AURE: No credible gold‑backed stablecoin launches
These cos hv dabbled in gold‑backed tokens/etf/treasury, but
$ABVE + Palm's gold stablecoin is an entirely different league: ✅ regulated under the reputable ADGM rules, ✅ fully audited, ✅ transparent ✅ fully backed by gold, ✅ publicly tradable.
$ABVE + Palm is the FIRST OF ITS KIND new beast that the mkt has yet to fathom.
