An organization called IRIAS (International Research Institute for Advanced Systems). They want to study a digital tool that can be used as collateral, specifically for international trade.
• What progress has been made now?
• October 31, 2025: Researchers officially launched a pilot program to test a gold-backed settlement tool called "Unit" within BRICS countries.
• November 10, 2025: IRIAS announced that this settlement token would be developed on the Cardano blockchain network. They believe this is a significant step towards a "non-Western-dominated" global financial system.
This project currently seems more like a performance art in the financial circle. The slogans are loud—"de-dollarization", "gold standard", "blockchain revolution"—which excite people's hearts. But when it comes time for banks to integrate and open their vaults, it's likely to be "under study" and "to be discussed next time".
Every time, ada engages in these high-profile but impractical initiatives; when will they truly benefit retail investors? That's the core issue!
