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.
We have stable coins already and they are the first attempt by developers and Coins like Libra is also one of those, as it is backed by a reserve to keep the price stable. But as we all know it, Libra might no longer be a success due to the government being against the idea of having a global cryptocurrency that will be controlled by Facebook and whatever it is that made them disagree.
But, there are still others like USDT, TUSD, etc. though investors are not showing much interest in it. Bitcoin is volatile, but it is still the cryptocurrency that is getting more attention from most investors.