The Reserve Bank of Zimbabwe will launch a gold-backed digital token "for trading purposes."

2023-08-13 14:08:46
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ChainCatcher news, the Reserve Bank of Zimbabwe (RBZ) stated that it is about to launch the GBDT (Gold-Backed Digital Token) "for trading purposes," which is currently "in the final stages of preparation."

The central bank stated that the launch of GBDT will "serve as a supplement to the US dollar in domestic transactions, as retailers will offer a safer, more convenient, and more stable medium of exchange."

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