Zimbabwe is currently facing hyperinflation and a depreciating local currency, prompting the Reserve Bank of Zimbabwe (RBZ) to sell gold-backed cryptocurrencies valued at 14 billion Zimbabwean dollars. The RBZ Gold-backed Digital Token will be used for payments and as a store of value, with the aim of expanding value-preserving instruments and enhancing investment divisibility. However, the International Monetary Fund (IMF) has warned against adopting the digital currency as a solution to the country's macroeconomic problems, citing potential risks and costs that should be carefully assessed. The RBZ's first sale of the gold-backed digital tokens was backed by nearly 140 kilograms of gold and fetched a minimum price of $10 for individuals and $5,000 for corporations, with a minimum vesting period of 180 days.