Gold Token Market Swells to $3.9B as CZ Calls It a 'Trust Me Bro' Asset

CoinDeskThursday, October 23, 2025 at 12:27:37 PM
Gold Token Market Swells to $3.9B as CZ Calls It a 'Trust Me Bro' Asset
The gold token market has surged to a staggering $3.9 billion, but concerns are mounting about their reliability and safety. CZ's description of these tokens as a 'Trust Me Bro' asset raises red flags, similar to those seen with stablecoins. This situation is crucial as it highlights the potential risks investors face regarding delivery and the ability to redeem these tokens for physical gold, which could impact market confidence.
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