Tether has recently launched an innovative initiative — introducing a new accounting unit called Scudo, specifically serving the Tether Gold (XAU₮) ecosystem. The clever aspect of this design is that Scudo is defined as one-thousandth of a troy ounce of gold, making the originally complex gold valuation more intuitive and understandable. When users trade gold assets on-chain, they no longer need to face complicated conversion processes, and the logic of conversion and value calibration has been significantly simplified. The launch of this scheme signifies another step forward in the application of gold payments on the blockchain, making the integration of traditional precious metal assets and digital assets more convenient and efficient.