Tether Introduces Scudo to Make Gold Payments Practical On-Chain

Tether rolled out a new unit for Tether Gold on January 6. The unit is called Scudo. One Scudo equals one-thousandth of a troy ounce of gold. It also equals one-thousandth of one XAUT token. According to the official post, nothing about the backing changed. The gold still sits in vaults, and the XAUT token […] Read The Full Article Tether Introduces Scudo to Make Gold Payments Practical On-Chain On Coin Edition.