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Tether launches a new on-chain gold measurement unit, Scudo, which is equivalent to one-thousandth of an ounce.
GateNewsBot
XAUT-0,37%
BlockBeats News, February 13 — According to official sources, Tether Gold announced the launch of a new unit of measurement called Scudo, providing a new and intuitive way to measure on-chain gold value. 1 Scudo is defined as equivalent to 1/1000 XAUT (gold ounce), offering users a more practical and operable small-denomination trading method, making sending and receiving on-chain gold easy and feasible.
Tether stated that this move will enhance the daily usability of gold digital assets and provide investors and traders with a more flexible operational experience.
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