什麼是黃金支持的Stablecoins，它們如何工作？

黃金支持的穩定幣是將數字貨幣固定在物理金儲備中，旨在保持穩定的價值。黃金支持的數字貨幣的概念可以追溯到加密貨幣的早期，開發人員旨在創建可靠的價值存儲。

Gold-backed stablecoins are a type of digital currency that are pegged to the price of gold. This means that each token can be exchanged for a fixed amount of gold, or vice versa. The goal of gold-backed stablecoins is to provide a stable and reliable store of value in the cryptocurrency market, which can be highly volatile.

黃金支持的Stablecoins是一種數字貨幣，將其固定在黃金價格上。這意味著每個令牌可以交換為固定量的黃金，反之亦然。金牌穩定的目標是在加密貨幣市場中提供穩定且可靠的價值存儲，這可能是高度波動的。

Each gold-backed stablecoin is linked to a specific quantity of gold. For example, one token might be equal to 1 troy ounce of gold. A troy ounce is a unit of weight used especially for measuring precious metals such as gold, silver, and platinum; it is equal to 31.1034768 grams.

每個金牌穩定的穩態都與特定數量的黃金有關。例如，一個令牌可能等於1盎司黃金。特洛伊盎司是一個重量單位，特別用於測量貴金屬，例如金，銀和鉑。它等於31.1034768克。

The gold reserves are typically held by a third party, such as a trust company or a bank, to ensure security and transparency. The issuing entity is responsible for maintaining an equivalent amount of physical gold for every token that is issued and circulating in the market.

黃金儲備通常由第三方（例如信託公司或銀行）持有，以確保安全性和透明度。發行實體負責為市場上發行和流通的每個代幣維持同等數量的實物黃金。

The price of the token remains closely aligned with the market price of gold. When buyers purchase the tokens, they pay the spot price of gold at the time of the transaction. Similarly, if the stablecoin is liquidated, the tokenholders can redeem their tokens for the corresponding amount of gold. In practical terms, the gold is liquidated to enable electronic fiat transfers to the tokenholders.

代幣的價格與黃金的市場價格保持密切。當買家購買代幣時，他們在交易時支付黃金的現貨價格。同樣，如果穩定幣已清算，代幣的人可以將其令牌兌換為相應的黃金。實際上，黃金被清算以使電子法定傳輸能夠向代幣持有人進行。

Regulators classify gold-backed stablecoins as commodity-backed stablecoins or asset-referenced tokens (ARTs), depending on the jurisdiction.

監管機構根據管轄區的規定，將帶有商品支持的穩定幣歸類為商品支持的穩定幣或資產引用的代幣（藝術）。

Examples of gold-backed stablecoins include Tether Gold (XAUT), Paxos Gold (PAXG), and Alloy (aUSDT).

黃金支持的穩定劑的例子包括繫繩（XAUT），Paxos Gold（Paxg）和合金（AUSDT）。

As of April 1, 2025, Tether Gold (XAUT) is being traded at $3,165. Its market capitalization is about $780.3 million, while the daily trading volume is $11.03 million.

截至2025年4月1日，Tether Gold（XAUT）的交易價格為3,165美元。它的市值約為7.803億美元，而每日交易量為1,103萬美元。