For the first time since 1996, the gold held by foreign central banks is worth more than their US Treasury holdings. As money goes digital, the world is quietly re-anchoring to hard assets. The companion to our Future of Money explainer: central banks hoarding gold (~1,200 tonnes in 2025, the $5 trillion shift, BRICS), tokenized gold ($90B Q1 2026, Tether holding 140 tonnes), and the industrial metals powering the AI buildout — copper, silver, uranium — plus the supply squeeze. Full article at convertz.app/blog/central-banks-gold-hard-assets-2026.
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