随着市场变得不稳定，投资者寻找更安全的地面和金牌加密货币再次被证明是最喜欢的

随着市场变得摇摇欲坠，投资者追求更安全的地面，黄金再次被证明是最喜欢的。但是这次，不仅是传统的黄金金属引起了人们的关注，而且它的数字版本也引起了人们的关注。

As markets experienced turbulence and investors sought safer territory, gold predictably came into the spotlight. Yet, this time, it wasn’t just the traditional yellow metal that was grabbing attention; its digital versions were heating up as well.

随着市场经历动荡，投资者寻求更安全的领土，黄金可以预见地成为人们关注的焦点。然而，这一次，它不仅是引起人们关注的传统黄色金属。它的数字版本也在加热。

In a year marked by macroeconomic shifts and geopolitical unrest, gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) displayed strong performance, with both tokens rising by over 23% year-to-date. These digital tokens are directly pegged to physical gold and move in tandem with its price movements.

在以宏观经济转变和地缘政治动乱为标志的一年中，金牌的加密货币（如Paxos Gold（Paxg）和Tether Gold（XAUT）表现出强烈的表现，均逐渐增长23％。这些数字代币直接将其固定在实物黄金上，并与其价格变动同时移动。

Both tokens touched new all-time highs of over $3,300 in early 2025 before settling slightly lower. In contrast, Bitcoin experienced a year-to-date decline of over 11%, and the overall crypto market saw a decrease of more than 30% according to the CoinDesk 20 index. As a result, many investors are turning to tokenized gold to serve as a hedge against inflation and market volatility.

两个令牌在2025年初都触及了3,300美元以上的新历史高度，然后略低。相比之下，根据Coindesk 20指数，比特币年初下降了11％以上，总体加密货币市场下降了30％以上。结果，许多投资者正在转向令牌化黄金，以抵抗通货膨胀和市场波动。

While Trump's tariff war had a significant impact, crashing the entire crypto market, Gold ETFs remained strong, highlighting the enduring value of this investment class.

尽管特朗普的关税战争产生了重大影响，但整个加密货币市场却崩溃了，但黄金ETF仍然强大，强调了这一投资阶级的持久价值。

The two top-performing tokens, PAXG and XAUT, have become increasingly popular among investors as they combine the best of both worlds: real-world asset backing and the flexibility of crypto. These tokens are backed by actual gold, which is stored in high-security vaults, but they can be traded easily and rapidly on the blockchain.

两个表现最佳的代币Paxg和Xaut在投资者中越来越受欢迎，因为它们结合了两全其美：现实世界中的资产支持和加密的灵活性。这些令牌以实际的黄金为后盾，该金牌存储在高安全保险库中，但可以在区块链上轻松而快速地进行交易。

This property renders them more liquid than traditional gold while still offering the same safe-haven qualities. With growing uncertainty in global markets, especially due to rising tensions between the U.S. and China, more investors are seeking stability, and gold is a natural and logical choice.

该物业使他们比传统黄金更具液体，同时仍然提供相同的安全品质。随着全球市场的不确定性越来越大，尤其是由于美国和中国之间紧张局势的加剧，更多的投资者正在寻求稳定，黄金是自然而合乎逻辑的选择。

The rising interest in gold isn't limited to the crypto space. Traditional investors are pouring money into gold ETFs as well. In the first quarter of 2025, inflows into gold ETFs reached 226.5 tonnes, the highest level in three years, according to the World Gold Council. North America led the trend, accounting for nearly 60% of that demand. This shows a broader shift toward gold as a safer investment option.

对黄金的兴趣不仅限于加密货币空间。传统投资者也将资金投入黄金ETF中。根据世界黄金委员会的数据，在2025年第一季度，黄金ETF的流入达到226.5吨，是三年来最高水平。北美领导这一趋势，占该需求的近60％。这显示出向黄金作为更安全的投资选择的更广泛的转变。

Meanwhile, backing the rally in tokenized gold is a wave of new token minting. In Q1 alone, over $42.7 million worth of PAXG and XAUT were minted, according to RWA.xyz. This helped raise the total market cap of gold-backed tokens to nearly $1.4 billion.

同时，在代币化的黄金中支持集会是一波新的令牌铸造。据RWA.xyz称，仅在第一季度，仅在第一季度，价值超过4270万美元的Paxg和Xaut就被铸造了。这有助于将金牌代币的总市值提高到近14亿美元。

As both traditional and crypto markets face pressure, it's clear that tokenized gold is becoming a go-to asset for investors who want security with digital convenience.

由于传统和加密市场都面临压力，很明显，对于想要具有数字便利安全性的投资者而言，标记黄金已成为资产。