Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Tether introduces a new unit system for XAUT, its gold-backed token, drawing inspiration from the satoshi model that powers Bitcoin. The move reflects growing interest in fractionalizing real-world assets on blockchain networks.
The Scudo unit allows users to transact in smaller denominations of the gold-pegged token, addressing liquidity and usability concerns in asset tokenization. By mimicking Bitcoin's approach to divisibility, Tether aims to make its gold-backed instrument more practical for everyday transactions and trading.
This development highlights an interesting trend: major stablecoin and asset-backed token issuers are increasingly focused on improving technical specifications and user experience. As real-world asset (RWA) tokenization continues gaining traction in crypto markets, mechanisms like these become crucial for adoption and market efficiency.