Tag: hyperinflation in Zimbabwe

ZiG: Zimbabwe abandons gold-backed digital currency, launches fiat

This physical fiat currency, consisting of notes and coins, will be backed by gold in the same manner as the digital token was. ...

Zimbabwe announces ambitious Gold backed digital currency

The Reserve Bank of Zimbabwe (RBZ) recently announced a new digital currency, the Gold-backed dollar (GBD), designed to address the country's foreign currency...