New On-Chain Gold Unit Scudo Debuts

Tether Gold has officially launched Scudo, a new unit for measuring gold value on the blockchain. Equivalent to 1/1000 of a gold ounce, Scudo is designed to streamline transactions and offer a more intuitive approach to managing digital gold assets.

Enhanced Flexibility for Small Gold Transactions

The introduction of Scudo makes it easier for users to conduct smaller gold transactions. This innovation removes traditional barriers, allowing seamless transfer of gold-backed value through blockchain technology.

Driving the Digital Gold Revolution

According to Tether, Scudo is a step forward in making gold more accessible and practical within the digital economy, enhancing the overall experience for investors and traders alike.