Bank of America has highlighted the tokenization of real-world assets, including funds, equities, and commodities such as gold, as a “key driver of digital asset adoption.”

The authorities in Russia and Iran are discussing the creation of a stablecoin tied to gold. The "Token of the Persian Gulf region" will be used for cross-border payments, but first a legislative framework for regulating cryptocurrencies is required.

A stablecoin linked to gold, Tether Gold (XAUT), has been listed on ICRYPEX crypto exchanges.