<ul data-eligibleForWebStory="true">Economist Peter Schiff questions the use of U.S. dollar-backed stablecoins in a recent social media post.Schiff prefers digital assets backed by gold over fiat currency reserves for stability and intrinsic value.He highlights the liquidity and value propositions of gold-backed tokens like Tether Gold and Paxos Gold.This reflects a shift in financial perspectives towards assets perceived as having lasting value.Schiff's critique comes amid evolving global regulatory frameworks for stablecoins, raising questions about secure backing.His views may spark further debate on the role of gold and stablecoins in the digital economy.