Tether introduces the new pricing unit Scudo to make tokenized gold trading more convenient

【Tether】Tether has a new move. This time, they have launched a new accounting unit for their tokenized gold product XAU₮—the Scudo.

Simply put, one Scudo equals one-thousandth of a troy ounce of gold (or one-thousandth of XAU₮). Why create such a thing? The main goal is to solve a real-world problem: as gold prices continue to rise, quoting XAU₮ in decimal fractions becomes increasingly complex and unintuitive. With Scudo, users can trade directly in whole numbers or simple fractions, avoiding the confusion of many decimal points.

This may seem like a small change, but its impact is significant. First, gold price quoting becomes clearer. Second, transfers become more convenient, and trading more straightforward. This means gold as a store of value and medium of exchange becomes more practical—simply put, making it easier for ordinary users to use gold for payments and asset allocation.

It’s important to emphasize that Scudo is essentially just a new pricing unit; the underlying structure of XAU₮ remains unchanged. It is still fully backed by physical gold stored securely in vaults, and ownership can be verified on-chain in real-time through Tether’s asset tracking tools. In simple terms: Scudo makes gold more user-friendly, but the authenticity and security of gold are not compromised.