The Islamic Republic of Iran has reportedly launched a gold-backed cryptocurrency called “PayMon” – the Persian word for covenant – in cooperation ...
source https://www.google.com/url?rct=j&sa=t&url=https://www.cryptoglobe.com/latest/2019/02/iran-launches-gold-backed-cryptocurrency-paymon/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGXImtIh2yNMf9FC7O2kQDEhjZjYQ