Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government transactions. The government aims to eventually replace the U.S. dollar with the ZIG as the […]
source https://news.bitcoin.com/zimbabwes-gold-backed-currency-sees-gains-but-us-dollar-remains-dominant/
source https://news.bitcoin.com/zimbabwes-gold-backed-currency-sees-gains-but-us-dollar-remains-dominant/
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