Crypto Daily News: Zimbabwe Adopts New Gold-Backed Payment Method
🚀 Zimbabwe enters a new era in financial innovation with the official launch of Zimbabwe Gold (ZiG). This gold-backed digital token, initiated in April 2023 by the Reserve Bank, serves a dual purpose.
First, it aims to encourage local investors to shift their focus to national assets amidst currency challenges.
Second, it enhances the availability and divisibility of investment instruments.
Stored in e-gold wallets or e-gold cards, ZiG stands as a versatile asset, offering a tangible solution in Zimbabwe's financial landscape.
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