Minting $USG From Global Gold Bars
Global Gold Bars vaulted within the United States that meet the minting criteria set forth by the Global Gold Council may be used to mint USG, the protocol’s flagship fungible gold token.
As other nations come on-chain, other jurisdiction-specific, gold-backed tokens will be able to be minted from gold held within those nations.
Key Principles
USG issuance is purity-adjusted, based on fine gold content
Tokens represent one troy ounce of pure gold, not nominal bar weight
Over-issuance is mathematically impossible
Minting Flow
A Global Gold Bar is registered and tokenized
USG is minted based on verified fine gold content
The associated Conditional Claim NFT enters the protocol’s Available Pool
The underlying bar / Conditional Claim NFT remains available for claim by any USG holder
This design supports standardized liquidity while preserving asset-level claim structures, legal ownership pathways, and vault custody responsibilities.
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