EIG Global Trust Unveils Groundbreaking Gold Backed Digital Currency Stablecoin Ecosystem Poised to Accelerate the Global Digital Asset Transformation
The Californer/10324117

DOVER, Del. & LONDON - Californer -- Tailored to the banking and transactions community, the company's stablecoins have redefined global financial collateral, project financing, and digital asset products. This development signals a critical advance in bridging traditional finance with the burgeoning digital asset realm in the banking, projects, and cross-border payments industries.https://www.cfotechoutlookeurope.com/eig-global-trust. At the core of its ecosystem are two gold-backed stablecoins that completement each other and both 100% backed by real-world gold (Au) bullion assets. Below highlights the two stablecoins

EIG Bank Coin, (EIGBC): A $1 million US Dollar (USD) pegged stablecoin, was created to meet the needs of central banks, commercial banks, and high net worth portfolios.  EIGBC is "double backed" by USD and cash equivalents + real-world reserved gold (Au) bullion assets currently audited and recorded in the banking system at more than $5 trillion (USD).  EIG Bank Coin, echoing the spirit of the Bretton Woods Agreement, anchors the Company's leadership in digital assets specifically collateral backing for project financing, GDP/Balance Sheet enhancement, Central Bank Digital Currency (CBDC), and evolving stablecoin wrapped and backed financial instruments such as SBLCs.

More on The Californer

• Marin's Rising Star Easton Cain Revives American Regionalism in the Bay Area
• City of Long Beach Launches Redesigned Jobs Webpage
• Cabrillo Economic Development Corporation Celebrates Completion of Dolores Huerta Gardens
• Lightning Motorcycle's Next-Gen Prototype Hits 174 MPH on Its Lowest Performance Setting
• Long Beach Health Department Launches Early Childhood Mental Health Program to Support Families and Childcare Providers

USD Gold: A $1,000 USD denominated stable digital token, also "double-backed" by USD + real-world gold (Au) assets indemnifies the EIG Bank Coin partners ecosystem supporting settlement transactions related to project credit lines, cross-border transactions, and earning yield for holding the stablecoins where jurisdictions allow.

"The world's financial community is undergoing a profound digital transformation and EIG Global Trust is leading the charge" states EIG Global Trust CEO & Trustee, Chris Paget. He further adds "This prestigious award validates our responsible approach of integrating the best real-world asset, gold, to back the world's first true collateral focused stablecoins. Our stablecoins are recorded as a collateral asset on our client's books enhancing their capital ratios and leverage capabilities since they are backed by gold.  Combined with the security, accountability, and transparency that blockchain provides, EIG Global Trust stands at the forefront of digital assets supporting project financing and digital financial products for its clients."

About EIG Global Trust: EIG Global Trust, a Delaware Statuary Trust, is a full-service digital financial firm that has regulatory approvals for 70+ central banks and 1000s of commercial banks where they actively facilitate bank tailored turn-key digital asset solutions and offers world class resources for project management.  They have assembled top bankers in the world to our Chairman's Advisory Board including investment bankers, bank executives, asset managers, and full-service financial executives to catapult EIG Global Trust to the forefront of hard asset digital currency.https://eigglobaltrust.com/

More on The Californer

• Dane Flanigan joins Raymond James in Pasadena as Financial Advisor
• Governor Newsom announces appointments, including new California Air Resources Board Chair
• Legendary Mitchell-Hedges Crystal Skull Arrives in Beverly Hills
• NEW power supply release from Kepco Dynatronix - HSP Advanced
• St. Augustine Honors Hispanic Heritage Month