With STANDARD IN GOLD, you don't just buy a blockchain. While this is common on other blockchains, we don't use this technology as a value in itself: we use it to securitize real-world assets.
In fact, with STANDARD IN GOLD, you buy real, physical, LBMA-certified gold and receive the corresponding coins as a certificate of ownership. Your gold is stored securely for you in our high-security warehouses.
For the sake of simplicity, we have created our stablecoins based on existing national fiat currencies and past European hard currencies.
With SOLID, you know exactly what you have: A SOLID is a certificate of ownership for 0.1 gram of 999.9 LBMA-certified gold. Every SOLID is linked to a specific gold bar—documented by serial number and individually accounted for. That means you own a defined share of a specific bar.
The G-AUD is a coin based on the Australian dollar (AUD). The price of the G-AUD was calculated based on the AUD to euro exchange rate and fixed as of January 2024: One G-AUD represents the ownership of 0.0083 grams of gold.
The G-GBP is a coin based on the British pound (GBP). The price of the G-GBP was calculated based on the GBP to euro exchange rate and fixed as of January 2024: One G-GBP represents the ownership of 0.015 grams of gold.
The G-DEM is a coin based on the German mark (DEM). This was the legal currency in Germany before the euro was introduced. The price of the G-DEM was calculated based on the DEM to euro exchange rate and fixed as of January 2024: One G-DEM represents the ownership of 0.0069 grams of gold.
The G-CAD is a coin based on the Canadian dollar (CAD). The price of the G-CAD was calculated based on the CAD to euro exchange rate and fixed as of January 2024: One G-CAD represents ownership of 0.0093 grams of gold.
The G-ATS is a coin based on the Austrian schilling (ATS). This was the legal currency in Austria before the euro was introduced. The price of the G-ATS was calculated based on the ATS to euro exchange rate and fixed as of January 2024: One G-ATS represents the ownership of 0.00098g of gold.
Many more stablecoins are in development and will be added here soon with further information.
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Buy SOLID, the gold-backed stablecoin.
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