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A gold-backed digital currency is a digital asset that is pegged to the value of gold. The concept of a gold-backed digital currency is very similar to stablecoin, which is commonly known as a digital asset that pegged to the value of one or a basket of fiat. ACUG, a digital asset attached to the value of gold, is planned to be issued in a total of one million tokens in the firstlaunch. Each one equals to one ounce of physical gold.
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