Tether Gold（XAU₮）確認自己是市場資本最高的標記黃金產品

根據El Salvador的新法規，Tether在2025年第一季度發布了其首次正式證明，強調了關鍵數據

In the burgeoning landscape of tokenized assets, Tether Gold (XAU₮) has confirmed its status as the tokenized gold product with the highest market capitalization, maintaining a solid position of security and regulatory compliance as of April 28, 2025.

在迅速發展的標記資產的景觀中，Tether Gold（XAU₮）已確認其作為市值最高的標記黃金產品的地位，截至2025年4月28日，其安全性和法規合規性穩固。

Following the new regulation of El Salvador, Tether has published its first official attestation for the first quarter of 2025, highlighting key data that demonstrate the transparency and solidity of the token backed by physical gold.

根據El Salvador的新法規，Tether在2025年第一季度發布了其首次正式證明，突出了關鍵數據，這些數據證明了由實物黃金支持的代幣的透明度和堅固性。

Each XAU₮ token is indeed backed 1:1 by a troy ounce of pure gold, stored in top-tier international vaults in Switzerland, in bars certified by the London Bullion Market Association (LBMA). The choice of these reliable counterparts and the rigorous verification process ensure that the value of the token is always real and traceable.

每個Xau token的確得到了一盎司的純黃金的支持，並在瑞士的頂級國際保險庫中存儲在倫敦金條市場協會（LBMA）認證的酒吧中。這些可靠的對應物和嚴格的驗證過程的選擇確保令牌的價值始終是真實的和可追溯的。

Tether Gold dominates the tokenized gold market in 2025

繫繩黃金在2025年占主導地位的黃金市場

The value of Tether Gold depends on underlying high-quality physical gold reserves, as confirmed by the published attestation. In the first quarter of 2025, there are 246,523.33 ounces of gold in circulation, equivalent to over 7.7 tons of physical gold. This stock supports a market capitalization reaching 770 million dollars, with XAU₮ token prices recorded at 3,123.57 dollars.

鏈球黃金的價值取決於所證明的基本高質量的物理黃金儲量。在2025年第一季度，循環中有246,523.33盎司的黃金，相當於7.7噸的實物黃金。該股票支持市值達到7.7億美元，XAU₮代幣的價格為3,123.57美元。

Note that the historical maximum price of XAU₮ reached 3,423 dollars on April 21, 2025, an increase of 9.6% compared to the end of the first quarter, signaling the great dynamism of the market and the growing demand.

請注意，徐的歷史最高價格在2025年4月21日達到3,423美元，比第一季度末增長了9.6％，這表明市場的巨大活力和需求不斷增長。

The team of Tether emphasizes how the periodic certification of reserves with independent auditors is a priority, thus ensuring a level of security and transparency that few gold token offerings in the digital world can boast.

Tether團隊強調了與獨立審計師的定期儲備認證如何成為優先事項，從而確保了數字世界中很少有黃金令牌產品可以誇耀的安全性和透明度。

Global factors behind the growth of Tether Gold

繫繩黃金增長背後的全球因素

The increase in XAU₮ trading reflects an increasingly uncertain global economic context, with heightened geopolitical tensions and persistent inflation in many economies. Furthermore, the instability of traditional markets drives investors to seek safe havens and assets resistant to loss of value over time.

XAU貿易的增加反映了越來越不確定的全球經濟環境，隨著許多經濟體的地緣政治緊張局勢加劇和持續的通貨膨脹。此外，傳統市場的不穩定驅使投資者尋求避風港和資產抵抗隨著時間的推移損失價值的資產。

Fears related to possible new international trade tariffs and political turmoil have fueled the demand for gold as a safe haven asset, boosting the popularity and adoption of solutions like Tether Gold. The product combines the advantage of gold’s stability with the convenience and flexibility offered by blockchain-based digital assets.

與可能的新國際貿易關稅和政治動盪有關的恐懼加劇了對黃金作為避風港資產的需求，從而提高了Tether Gold等解決方案的普及和採用。該產品將黃金穩定性的優勢與基於區塊鏈的數字資產提供的便利性和靈活性相結合。

Gold and central banks: relevant macroeconomic dynamics

黃金和中央銀行：相關的宏觀經濟動態

At a global level, gold is experiencing a significant boost. Central banks have made net purchases of over 1,044.6 tons in 2024, consolidating the world reserves to about 37,755 tons.

在全球範圍內，黃金正在經歷重大的推動力。中央銀行在2024年的淨購買淨額超過1,044.6噸，使世界儲備金約為37,755噸。

The BRICS countries have been particularly active, as they intend to reduce their dependence on the US dollar through a substantial accumulation of gold. In the last quarter of 2024 alone, these countries purchased 332.9 tons of gold, highlighting a clear strategy of monetary diversification.

金磚國家特別活躍，因為它們打算通過大量的黃金積累來減少對美元的依賴。僅在2024年的最後一個季度，這些國家就購買了332.9噸黃金，強調了一項明確的貨幣多元化策略。

This trend fits into an international framework where the stability of fiat currencies is often questioned by unpredictable economic and political events. Consequently, gold reaffirms itself as a fundamental tool for the preservation of wealth both at the national and individual level.

這種趨勢符合國際框架，在這個框架中，法定貨幣的穩定性通常會受到不可預測的經濟和政治事件的質疑。因此，黃金重申自己是在國家和個人層面保護財富的基本工具。

The proposal of XAU₮ for emerging markets and digital investors

XAU₮提議新興市場和數字投資者的提議

In the landscape of emerging markets, XAU₮ plays a crucial role as a tool for accessing physical gold in a digital and secure format. Many economies have historically used gold as a hedge against inflation and political instabilities. However, direct access to physical gold can be complex or risky.

在新興市場的景觀中，Xau₮扮演著至關重要的角色，作為以數字和安全格式獲取實物黃金的工具。許多經濟體歷史上都將黃金作為抵抗通貨膨脹和政治不穩定的對沖。但是，直接獲得實物黃金可能是複雜的或有風險的。

In this sense, Tether Gold offers a reliable alternative, combining the guarantee of real gold with the advantages of a stablecoin compliant with the most stringent regulations. Unlike other unregulated tokens that expose to legal and operational risks, XAU₮ offers a transparent, verifiable product supported by international-level custody structures.

從這個意義上講，Tether Gold提供了可靠的替代方案，將真實黃金的保證與符合最嚴格法規的Stablecoin的優勢相結合。與其他暴露於法律和運營風險的不受監管的令牌不同，Xau₮提供了由國際級別的監護結構支持的透明，可驗證的產品。

This makes it interesting not only for individual investors and institutions, but also for trading platforms and emerging financial systems, offering a bridge between traditional finance and digital innovation.

這使得不僅對個人投資者和機構，而且對於交易平台和新興的金融系統而有趣，它在傳統金融和數字創新之間提供了橋樑。

The impact of Tether Gold in the revolution of digital finance

繫繩黃金在數字金融革命中的影響

According to Paolo Ardoino, CEO of Tether, XAU₮ represents a meeting point between the millennial tradition of gold and the efficiency of new blockchain-based tools:

Tether的首席執行官Paolo Ardoino表示，Xau₮代表了千禧一代的黃金傳統與新的基於區塊鏈的工具的效率之間的聚會點：

“With XAU₮, we offer a digital form of physical gold that maintains security, transferability, and transparency. It is part of our commitment to creating financial instruments that combine traditional investments and cutting-edge technology.”

“借助Xau₮，我們提供了一種數字形式的實物黃金形式，可維持安全性，可轉讓性和透明度。這是我們創建結合傳統投資和尖端技術的金融工具的承諾的一部分。”

While Bitcoin remains the main choice for those investors oriented towards a radical digital vision of the future, Tether Gold responds to a complementary and immediate need for stability, especially for those who are not yet familiar with criptovalute.

儘管比特幣仍然是那些以對未來的根本性數字願景為目標的投資者的主要選擇，但Tether Gold響應了對穩定的補充和直接需求，尤其是對於那些尚不熟悉Criptovalute的人。

Gold, in fact, has provided security and preservation of value for millennia. Today, thanks to XAU₮,

實際上，黃金為數千年提供了安全和價值的保障。今天，感謝Xau₮，