Tether Gold（XAU₮）确认自己是市场资本最高的标记黄金产品

根据El Salvador的新法规，Tether在2025年第一季度发布了其首次正式证明，强调了关键数据

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.

在迅速发展的标记资产的景观中，Tether Gold（XAU₮）已确认其作为市值最高的标记黄金产品的地位，截至2025年4月28日，其安全性和法规合规性稳固。

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.

根据El Salvador的新法规，Tether在2025年第一季度发布了其首次正式证明，突出了关键数据，这些数据证明了由实物黄金支持的代币的透明度和坚固性。

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.

每个Xau token的确得到了一盎司的纯黄金的支持，并在瑞士的顶级国际保险库中存储在伦敦金条市场协会（LBMA）认证的酒吧中。这些可靠的对应物和严格的验证过程的选择确保令牌的价值始终是真实的和可追溯的。

Tether Gold dominates the tokenized gold market in 2025

系绳黄金在2025年占主导地位的黄金市场

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.

链球黄金的价值取决于所证明的基本高质量的物理黄金储量。在2025年第一季度，循环中有246,523.33盎司的黄金，相当于7.7吨的实物黄金。该股票支持市值达到7.7亿美元，XAU₮代币的价格为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.

请注意，徐的历史最高价格在2025年4月21日达到3,423美元，比第一季度末增长了9.6％，这表明市场的巨大活力和需求不断增长。

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团队强调了与独立审计师的定期储备认证如何成为优先事项，从而确保了数字世界中很少有黄金令牌产品可以夸耀的安全性和透明度。

Global factors behind the growth of Tether Gold

系绳黄金增长背后的全球因素

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贸易的增加反映了越来越不确定的全球经济环境，随着许多经济体的地缘政治紧张局势加剧和持续的通货膨胀。此外，传统市场的不稳定驱使投资者寻求避风港和资产抵抗随着时间的推移损失价值的资产。

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.

与可能的新国际贸易关税和政治动荡有关的恐惧加剧了对黄金作为避风港资产的需求，从而提高了Tether Gold等解决方案的普及和采用。该产品将黄金稳定性的优势与基于区块链的数字资产提供的便利性和灵活性相结合。

Gold and central banks: relevant macroeconomic dynamics

黄金和中央银行：相关的宏观经济动态

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.

在全球范围内，黄金正在经历重大的推动力。中央银行在2024年的净购买净额超过1,044.6吨，使世界储备金约为37,755吨。

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.

金砖国家特别活跃，因为它们打算通过大量的黄金积累来减少对美元的依赖。仅在2024年的最后一个季度，这些国家就购买了332.9吨黄金，强调了一项明确的货币多元化策略。

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.

这种趋势符合国际框架，在这个框架中，法定货币的稳定性通常会受到不可预测的经济和政治事件的质疑。因此，黄金重申自己是在国家和个人层面保护财富的基本工具。

The proposal of XAU₮ for emerging markets and digital investors

XAU₮提议新兴市场和数字投资者的提议

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.

在新兴市场的景观中，Xau₮扮演着至关重要的角色，作为以数字和安全格式获取实物黄金的工具。许多经济体历史上都将黄金作为抵抗通货膨胀和政治不稳定的对冲。但是，直接获得实物黄金可能是复杂的或有风险的。

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.

从这个意义上讲，Tether Gold提供了可靠的替代方案，将真实黄金的保证与符合最严格法规的Stablecoin的优势相结合。与其他暴露于法律和运营风险的不受监管的令牌不同，Xau₮提供了由国际级别的监护结构支持的透明，可验证的产品。

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.

这使得不仅对个人投资者和机构，而且对于交易平台和新兴的金融系统而有趣，它在传统金融和数字创新之间提供了桥梁。

The impact of Tether Gold in the revolution of digital finance

系绳黄金在数字金融革命中的影响

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的首席执行官Paolo Ardoino表示，Xau₮代表了千禧一代的黄金传统与新的基于区块链的工具的效率之间的聚会点：

“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₮，我们提供了一种数字形式的实物黄金形式，可维持安全性，可转让性和透明度。这是我们创建结合传统投资和尖端技术的金融工具的承诺的一部分。”

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.

尽管比特币仍然是那些以对未来的根本性数字愿景为目标的投资者的主要选择，但Tether Gold响应了对稳定的补充和直接需求，尤其是对于那些尚不熟悉Criptovalute的人。

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

实际上，黄金为数千年提供了安全和价值的保障。今天，感谢Xau₮，