We have seen some of the assets backed crypto coins in the market on the way and do you guys think this will be the future as this is directly based on national assets like gold and other products like charcoal and energy based products. This will help in growth of country's economy if not taken over by greedy corporatesand and and will it have government's support or soft corner in the regulator's eye as it will bring in some money from outside.
This means it is not much different from the products made by these assets, which is the problem here is the approval of the government. Almost similar cases like Facebook the difference is Facebook is a technology-based company not a state asset. And this is inversely proportional to USDT investing in assets.
Besides, every asset must have been approved by the government. If the assets want to develop cryptocoin technology, they must accept the regulation and centralization in the cryptocoin. In my opinion the biggest obstacle is supporting, so it could be that the asset is backed by cryptocoin.