Deep Tide TechFlow News, January 06, Tether announced the launch of the tokenized gold XAUT accounting unit Scudo, aiming to redefine on-chain gold ownership. By defining one Scudo as one-thousandth of an ounce of gold (or XAUT), Tether Gold enables clearer pricing, more convenient transfers, and more intuitive gold value utilization. Users no longer need to send or price assets in complex XAUT decimal formats but can directly trade in Scudo units, whether whole numbers or decimals. This makes gold not only a store of value but also a more practical medium of exchange.
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Deep Tide TechFlow News, January 06, Tether announced the launch of the tokenized gold XAUT accounting unit Scudo, aiming to redefine on-chain gold ownership. By defining one Scudo as one-thousandth of an ounce of gold (or XAUT), Tether Gold enables clearer pricing, more convenient transfers, and more intuitive gold value utilization. Users no longer need to send or price assets in complex XAUT decimal formats but can directly trade in Scudo units, whether whole numbers or decimals. This makes gold not only a store of value but also a more practical medium of exchange.