2023-10-05 16:48:05

MRHB and Gold & Silver Standard (GSS) Partner to Expand Halal DeFi Offerings with Tokenized Precious Metals

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Benzinga
By Acn Newswire

MELBOURNE, Oct 5, 2023 - (ACN Newswire) - MRHB.Network, a halal decentralized finance ecosystem, partners Ainslie Wealth's Gold & Silver Standard (GSS), a leading Australian bullion trader since 1974, and will be listing the GSS gold standard ($AUS) and silver standard ($AGS) tokens in MRHB's Sahal wallet.

The partnership with Gold & Silver Standard will provide to MRHB's ethical community a new halal offering - gold & silver tokens with $AUD and $AGS to $USDC/USDT pairings made available on TijarX, the upcoming commodities DEX integrated in MRHB's Sahal Wallet, which will be launched in late September.

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MRHB is very proud to be partnering with Gold & Silver Standard from Ainslie Wealth, says MRHB CEO Naquib Mohammed. Gold and silver bullion-backed stablecoins will be a great addition to our DeFi offerings. In these times of 'crypto winter' and global recession, when people are finding ways to protect their wealth from volatile markets and inflation, gold and silver are supposedly the safest hedge against the situation, and have been a stable form of storing wealth since 1500 BC.

Naquib adds, We are more than confident that the partnership will be welcomed by our investors and ethics concerned community, as the volatility of the crypto market is one of the main reasons keeping potential new entrants out of the ecosystem. Due to the benefits of tokenization and borderless trade possible on the TijarX DEX, investors will be able to buy the cheapest gold and silver in the world, even in small amounts.

Continue read on benzinga.com

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