币界网报道：Peter Schiff, a prominent gold advocate and cryptocurrency critic, announced plans to launch his own gold-backed token while questioning the value of dollar-pegged stablecoins. In a Friday post on X, Schiff stated, "If you're going to introduce a third-party custodian, why settle for a token backed by a flawed fiat currency like the dollar, when you can own one backed by gold?" He confirmed his intention to create such a token when responding to a user suggestion, noting that gold-backed stablecoins already exist. This comes as the U.S. Senate passed the GENIUS Act to regulate the $260 billion stablecoin market, which Citigroup predicts could reach $3.7 trillion by 2030. While dollar-backed tokens like USDT and USDC dominate the sector, gold-backed tokens represent a smaller but growing $2 billion niche, primarily used as blockchain-based stores of value rather than for payments. Developers are working to expand gold tokens' utility in DeFi applications, including as loan collateral.