welcome
CoinGape

CoinGape

Business

Business & Economics

Peter Schiff Calls USD Stablecoin ‘Flawed’ Dollar Tokens, AS GENIUS Act Proceeds

CoinGape
Summary
Nutrition label

61% Informative

Peter Schiff has slammed USD stablecoins as they have no real value for economic transactions.

Schiff advocates for gold-backed stablecoins, emphasizing their dual benefit of liquidity and serving as a reliable store of value.

Bitcoin investor Fred Krueger believes major e-commerce companies like Amazon likely adopting stablecoins within 12 months .

VR Score

42

Informative language

29

Neutral language

28

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

Affiliate links

no affiliate links