Under the condition of metal circulation, because the nominal value of the token is greater than the actual value, the state monopolizes the casting and issuance rights of the token, and adopts the policy of restricting the casting.
(1) The minting of coins is restricted, that is, citizens cannot freely request the government to cast coins on behalf of the government, and the minting right of coins is completely controlled by the government.
(2) To stipulate the limited legal compensation of the token, that is, to stipulate that the token has only limited payment capacity.
(3) It shall be stipulated that the coins can be freely exchanged with the standard currency, so that the coins can be exchanged at a fixed rate to improve the efficiency of currency circulation.