黄金支持的Stablecoins解释说：它们是什么，它们如何工作？

黄金支持的稳定币是将数字货币固定在物理金储备中，旨在保持稳定的价值。

Gold-backed stablecoins are a type of digital currency that are pegged to the value of physical gold and designed to maintain a stable price. They are usually linked to a specific quantity of gold, such as one troy ounce, and a third party, such as a trust company, holds the gold reserves to ensure security and transparency. The issuing entity is responsible for maintaining an equal amount of physical gold for every token in circulation.

黄金支持的Stablecoins是一种数字货币，固定在实物黄金的价值上，并旨在保持稳定的价格。它们通常与特定数量的黄金链接，例如一盎司盎司，第三方（例如信托公司）持有黄金储备，以确保安全性和透明度。发行实体负责为每一个流通的代币维持相等数量的实物黄金。

The tokens are bought and sold on cryptocurrency exchanges at the prevailing market price of gold at the time of the transaction. At the time of writing (March 31, 2025), the price of gold was $3,165. This means that buyers will pay $3,165 for one gold-backed stablecoin, and sellers will receive $3,165 when they sell their tokens.

该令牌是在交易时以现行黄金市场价格的加密货币交易所购买和出售的。在写作时（2025年3月31日），黄金的价格为3,165美元。这意味着买家将为一张金牌的稳定币支付3,165美元，卖家在出售代币时将获得3,165美元。

If the stablecoin fails, the tokenholders will be able to redeem their tokens for the underlying gold. This process will involve liquidating the gold and transferring the fiat proceeds to the tokenholders’ bank accounts. For example, if an investor holds 100 USDT and wishes to withdraw them, they will receive 100 x $3,165 = $316,500 in a bank transfer.

如果Stablecoin失败了，代币的人将能够兑换其代币为基础黄金。此过程将涉及清算黄金并将菲亚特收益转移到代币持有人的银行帐户中。例如，如果投资者持有100美元并希望撤回它们，他们将获得100 x $ 3,165 = 316,500美元的银行转让。

Gold-backed stablecoins are a relatively new class of cryptocurrency, but they are becoming increasingly popular as investors seek ways to diversify their portfolios and hedge against inflation. Some of the most well-known gold-backed stablecoins include Tether Gold (XAUT), Paxos Gold (PAXG), and Alloy (aUSDT).

黄金支持的稳定剂是一种相对较新的加密货币类，但是随着投资者寻求多样化的投资组合和对冲通货膨胀的方式，它们越来越受欢迎。一些最著名的黄金支持的稳定蛋白包括系绳（XAUT），Paxos Gold（Paxg）和Alloy（AUSDT）。

Here are some of the advantages of gold-backed stablecoins:

以下是黄金支持的稳定的一些优点：

They offer a unique asset class for investors to diversify their funds.

他们为投资者提供独特的资产类别，以使其资金多样化。

They are a hedge against currency devaluation and inflation.

它们是抵抗货币贬值和通货膨胀的对冲。

They combine the stability of gold with the flexibility and speed of digital assets.

他们将黄金的稳定性与数字资产的灵活性和速度相结合。

They are secure and transparent, thanks to blockchain technology and third-party custodians.

由于区块链技术和第三方保管人，它们是安全和透明的。

Gold-backed stablecoins are classified as commodity-backed stablecoins or asset-referenced tokens (ARTs) by regulators, depending on the jurisdiction.

根据管辖权的不同，金黄色支持的稳定币被归类为由监管机构的商品支持的稳定股（Arts）。

Here are some examples of gold-backed stablecoins:

以下是黄金支持的stablecoins的一些例子：

Tether Gold (XAUT) is a cryptocurrency pegged to the value of one troy ounce of gold. It is issued by Tether, the company behind the USD-backed stablecoin Tether (USDT). XAUT is a standard ERC-20 token that can be used on any compatible wallet or exchange. XAUT is a liquid asset, with an average 24-hour trading volume of $11.03 million. It is also highly capitalized, with a market cap of about $780.3 million.

系绳黄金（XAUT）是一个加密货币，将其固定在一盎司黄金的价值上。它是由Tether（USDT）背后的公司Tether发行的。 XAUT是标准的ERC-20令牌，可用于任何兼容的钱包或交换。 XAUT是一种流动资产，平均24小时交易量为1,103万美元。它也是高度资本化的，市值约为7.803亿美元。

Paxos Gold (PAXG) is another gold-backed stablecoin that is fully backed by physical gold bullion held in London vaults. It is issued by Paxos, a New York-based financial institution that is regulated by the NY State Department of Financial Services. PAXG is also an ERC-20 token that is compatible with most major exchanges and wallets.

Paxos Gold（Paxg）是另一个由黄金支持的Stablecoin，得到了伦敦拱顶上举行的物理金条的支持。它是由纽约州金融服务部监管的纽约金融机构Paxos发行的。 PAXG也是ERC-20令牌，与大多数主要交换和钱包兼容。

Alloy (aUSDT) is a recently launched gold-backed stablecoin from Tether. It is linked to Tether Gold (XAUT) and aims to provide another option for investors who want to invest in gold in the crypto sphere.

Alloy（AUSDT）是Tether最近推出的金蛋糕。它与系绳黄金（XAUT）有关，旨在为想要在加密货币领域投资黄金的投资者提供另一种选择。

According to a report by the World Gold Council, global central bank gold reserves rose by 10% in 2023, reaching a 24-year high. This trend is likely to continue as central banks diversify their foreign exchange reserves and prepare for potential geopolitical risks.

根据世界黄金委员会的一份报告，全球中央银行黄金储备在2023年增长了10％，达到24年。随着中央银行使其外汇储量多样化并为潜在的地缘政治风险做准备，这种趋势可能会持续下去。