象征性黄金比其他形式的纸黄金具有多种好处，包括其1：1赎回性

象征性黄金比其他形式的纸黄金具有多种好处，包括其1：1的特定物质兑换性

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）和达斯汀·贝克尔（Dustin Becker）表示，标记黄金比其他形式的纸质黄金（包括黄金交易贸易资金（ETF））提供了一些好处。

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的采访中，DAO代表强调了代币化的黄金特定的三个主要好处：1：1特定数量的物理，序列化黄金的兑换性；在分散融资（DEFI）申请中作为抵押品的使用；通过按需流动性通过交易效率。

"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.

歌曲解释说：“当您购买ETF时，您正在押注黄金价格上涨，但您没有任何特定的金条。”

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.

两人指出，由于目前的宏观经济不确定性，美国政府债务的高水平以及重塑全球货币秩序的地缘政治紧张局势，黄金的价格在2025年飙升。

Macroeconomic uncertainty spikes gold prices, leaves USD in doubt

宏观经济不确定性飙升了黄金价格，使美元有疑问

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，在美国总统唐纳德·特朗普（Donald Trump）宣布的贸易关税中，黄金在2025年4月达到了3500美元的高价，这在股票和加密货币（例如股票和加密货币）中造成了动荡。

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.

贸易商转移到黄金，现金和其他避难所资产，以避免贸易保护主义贸易政策和其他国家的反回应引起的极端波动。

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.

这种冲向黄金也导致了金黄色的加密货币，例如Paxos Gold（Paxg）和Tether Gold（XAUT）在2024年4月的价格上涨。

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.

比特币倡导者Max Keizer认为，由于缺乏地缘政治风险和黄金固有的通货膨胀抵抗力，金牌的代币将胜过菲亚特·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帖子中写道：“由黄金支持的稳定币将在世界市场上超越美元支持的Stablecoin：俄罗斯，中国和伊朗应该注意。”

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

BTC倡导者补充说：“美国美元没有波动性，但您可以保证失去购买力。”

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.

如果投资者从将比特币视为风险资产转变为在动荡的经济时期的价值存储中，与股票市场和其他投机性投资相反，那么Gold目前的集会可能会溢出到比特币。