Gold is a stable asset thats why it was preferred to back up something, like the fiat currencies, But our time has changed already, nowadays we trait Gold as a commodity, people can order and buy Gold anywhere so its the common thing in our era. But after the proliferation of cryptocurrencies, the introduction of GoldBacked Stablecoins has become common and popular But there's also a risk because most of the projects were not backed by Gold. Only one project I know that backed by Gold. and it was transparent enough to show that their Gold token is backed by Gold and it was the GoldStorage (Gold Token) which is everyone can audit its total Gold Holdings in the BulleonStar Vault in Singapore in daily basis 24/7 seven days a week. No offense but it is true.