ACUG: The Exploration Of Gold-supported stable Currency

With the deterioration of the global trade environment, hedge assets are widely concerned by investors. Stable currency, which can pass around the world without being influenced by the political and economic environment of one certain country, has become the focus of investors' attention.

At present, the most popular stable currency is USDT, which is linked to the US dollar 1: 1. In China, the key point of using stable currency USDT is not "stability". More importantly, due to the regulatory requirements after September 4, 2017, investors need to purchase USDT outside the currency market before purchasing other cryptocurrency assets with USDT. Stable currency is equivalent to a legally recognized medium. However, with the trade conflict and the realistic need of de-dollarization in the world, the market is looking for stable currency with new core stable value.

Some people's eyes naturally shifted to gold. In the history of mankind, whenever there is a problem with legal currency, many people will naturally turn back to gold, trying to use gold to stabilize the currency and use gold as the trading medium between currencies of various countries. After all, gold is the largest and most extensive wealth consensus of mankind for thousands of years.

The use of physical gold coins has been eliminated. Hence, people can use blockchain technology from the perspective of gold electronization. Some people propose to launch gold assets to the chain to issue stable currency?

ACU Digital Limited (hereinafter referred to as ADL) has made an active exploration that attracts worldwide attention. ADL found the natural relationship between the global economy's demand for stable currency and the characteristics of gold, and combined with modern technology and finance technology and blockchain technology, created gold-supported stable currency-ACUG.

ACUG's circulation is determined by real gold owned by ADL as collateral and currency guarantee. Its physical gold is regularly audited by internationally renowned accounting firms, and because of the traceability and immutability of blockchain technology, the security and transparency of personal assets are guaranteed. After the third-party audit and digital information confirmation, ADL launches the gold assets to the chain and issues the corresponding number of ACUG. In this way, multi-party verification of authenticity of gold assets under the chain+machine trust mechanism of blockchain on the chain can constitute a real stable currency with high stability, irrefutable authenticity and real gold assets as collateral.

It is reported that ADL, as the issuer, has completed the first batch of purchase of physical gold from Hong Kong Asia Digital Gold Company. Under the trend of de-dollarization in the world, ACUG has already made an eye-catching gun jumping to explore the new stable currency. Decentralized equal trade in the world is a vision that investors are constantly pursuing, and only by following the trend can it develop.