Gold is making a comeback in the global payment system! 🌍 Reports indicate that Russia is piloting the use of gold digital assets for international settlements, aiming to reduce dependence on foreign currencies. 🇷🇺 These blockchain-based tokens are pegged to gold's value and backed by real gold stored in vaults. The pilot program allowed the purchase of these assets for rubles, with repayments scheduled for May 2025. Evgeny Shatov from Capital Lab notes this could be the first time gold digital assets are used for international payments, paving the way for further experimentation. However, he warns of potential risks and challenges ahead. Gold settlements may also play a role in the upcoming BRICS payment system, with Brazil leading the charge. Economists like Jim Rickards see digital gold as a way to leverage its value without the hassle of constant deliveries. With gold's recent strong performance, could this be the future of payments? What are your thoughts? Let us know! 💬