【BitPush】Tether has a new move. This time, they’ve launched a new unit of account for their tokenized gold product XAU₮ — Scudo.
Simply put, one Scudo equals one-thousandth of a troy ounce of gold (or one-thousandth of XAU₮). Why introduce such a thing? It solves a practical problem: as gold prices continue to rise, decimal pricing of XAU₮ has become increasingly complex and unintuitive. With Scudo, users can trade directly in whole numbers or simple fractional units without staring at endless decimal points.
This seems like a minor change, but the impact is actually quite significant. First, gold price quotations are now clearer. Second, transfers become more convenient, and trading more intuitive. This means gold becomes more practical as both a store of value and medium of exchange — in plain terms, it makes 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 method; the underlying structure of XAU₮ remains unchanged. It’s still backed 100% by physical gold held in secure vaults, and ownership can be verified in real-time on-chain through Tether’s asset tracking tools. In short: Scudo makes gold easier to use, but the authenticity and security of the gold remain uncompromised.
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Ця сторінка може містити контент третіх осіб, який надається виключно в інформаційних цілях (не в якості запевнень/гарантій) і не повинен розглядатися як схвалення його поглядів компанією Gate, а також як фінансова або професійна консультація. Див. Застереження для отримання детальної інформації.
Tether запускає нову одиницю вимірювання Scudo, щоб зробити торгівлю токенізованим золотом більш зручною
【BitPush】Tether has a new move. This time, they’ve launched a new unit of account for their tokenized gold product XAU₮ — Scudo.
Simply put, one Scudo equals one-thousandth of a troy ounce of gold (or one-thousandth of XAU₮). Why introduce such a thing? It solves a practical problem: as gold prices continue to rise, decimal pricing of XAU₮ has become increasingly complex and unintuitive. With Scudo, users can trade directly in whole numbers or simple fractional units without staring at endless decimal points.
This seems like a minor change, but the impact is actually quite significant. First, gold price quotations are now clearer. Second, transfers become more convenient, and trading more intuitive. This means gold becomes more practical as both a store of value and medium of exchange — in plain terms, it makes 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 method; the underlying structure of XAU₮ remains unchanged. It’s still backed 100% by physical gold held in secure vaults, and ownership can be verified in real-time on-chain through Tether’s asset tracking tools. In short: Scudo makes gold easier to use, but the authenticity and security of the gold remain uncompromised.