象徵性黃金比其他形式的紙黃金具有多種好處，包括其1：1贖回性

象徵性黃金比其他形式的紙黃金具有多種好處，包括其1：1的特定物質兌換性

Tokenized gold provides several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to tokenized gold.

梅利莎·宋（Melissa Song）和達斯汀·貝克爾（Dustin Becker）表示，標記黃金比其他形式的紙質黃金（包括黃金交易貿易資金（ETF））提供了一些好處。

In an interview with Cointelegraph, the DAO representatives highlighted three major benefits specific to tokenized gold: 1:1 redeemability for a specific quantity of physical, serialized gold; usage as collateral in decentralized finance (DeFi) applications; and transactional efficiency through on-demand liquidity.

在接受Cointelegraph的採訪中，DAO代表強調了代幣化的黃金特定的三個主要好處：1：1特定數量的物理，序列化黃金的兌換性；在分散融資（DEFI）申請中作為抵押品的使用；通過按需流動性通過交易效率。

"When you buy an ETF, you are betting on the gold price going up, but you do not own any specific gold bar," Song explained.

歌曲解釋說：“當您購買ETF時，您正在押注黃金價格上漲，但您沒有任何特定的金條。”

The pair noted that the price of gold surged in 2025 due to the current macroeconomic uncertainty, the high level of US government debt, and geopolitical tensions that are reshaping the global monetary order.

兩人指出，由於目前的宏觀經濟不確定性，美國政府債務的高水平以及重塑全球貨幣秩序的地緣政治緊張局勢，黃金的價格在2025年飆升。

Macroeconomic uncertainty spikes gold prices, leaves USD in doubt

宏觀經濟不確定性飆升了黃金價格，使美元有疑問

Gold hit an all-time high of $3,500 per ounce in April 2025 amid the trade tariffs announced by United States President Donald Trump that caused turmoil in risk-on asset markets like stocks and crypto.

在2025年4月，在美國總統唐納德·特朗普（Donald Trump）宣布的貿易關稅中，黃金在2025年4月達到了3500美元的高價，這在股票和加密貨幣（例如股票和加密貨幣）中造成了動盪。

Traders shifted to gold, cash, and other safe-haven assets to weather the extreme volatility caused by the protectionist trade policies and the counter-response from other countries.

貿易商轉移到黃金，現金和其他避難所資產，以避免貿易保護主義貿易政策和其他國家的反回應引起的極端波動。

This rush to gold also caused gold-backed cryptocurrencies such as Paxos Gold (PAXG) and Tether Gold (XAUT) to spike in price during April 2024.

這種沖向黃金也導致了金黃色的加密貨幣，例如Paxos Gold（Paxg）和Tether Gold（XAUT）在2024年4月的價格上漲。

Bitcoin advocate Max Keiser argued that gold-backed tokens will outcompete fiat stablecoins due to the lack of geopolitical risk and inflationary resistance inherent in gold.

比特幣倡導者Max Keizer認為，由於缺乏地緣政治風險和黃金固有的通貨膨脹抵抗力，金牌的代幣將勝過菲亞特·斯ablecoins。

"A stablecoin backed by Gold would out-compete a USD-backed stablecoin in world markets: Russia, China, and Iran should take note," Keiser wrote in a March 22 X post.

Keizer在3月22日X帖子中寫道：“由黃金支持的穩定幣將在世界市場上超越美元支持的Stablecoin：俄羅斯，中國和伊朗應該注意。”

"The United States dollar has no volatility, but you are guaranteed to lose purchasing power," the BTC advocate added.

BTC倡導者補充說：“美國美元沒有波動性，但您可以保證失去購買力。”

Gold's current rally could spill over into Bitcoin if investors shift from viewing Bitcoin as a risk asset to more of a store of value in turbulent economic times that is counter-cyclical to the stock market and other speculative investments.

如果投資者從將比特幣視為風險資產轉變為在動蕩的經濟時期的價值存儲中，與股票市場和其他投機性投資相反，那麼Gold目前的集會可能會溢出到比特幣。