Tether just rolled out something interesting today — meet Scudo, a fresh denomination layer for Tether Gold (XAU₮). So here's what's happening: each XAU₮ token still represents one full troy ounce of actual physical gold in storage, but now there's a smaller unit system called Scudo that sits beneath it. Think of it like how you can break down traditional currency into cents or satoshis in Bitcoin — it's all about making the tokenized gold asset more practical and granular for different use cases and transaction sizes. The move reflects how tokenized commodities are evolving on-chain, giving holders more flexibility in how they engage with their gold exposure through Tether's platform.
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FomoAnxiety
· 01-09 18:54
Damn it, Tether is causing trouble again. This time, is it fragmenting gold?
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ValidatorViking
· 01-09 14:37
scudo's solid enough... but let's be real, tether adding denomination layers doesn't fix the actual infrastructure headaches. what's the slashing risk if this thing gets forked? uptime metrics matter more than granularity imo
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AirdropNinja
· 01-06 19:52
Oh, so this is Scudo. Finally able to split... But will anyone really trade fragments of gold?
Tether just rolled out something interesting today — meet Scudo, a fresh denomination layer for Tether Gold (XAU₮). So here's what's happening: each XAU₮ token still represents one full troy ounce of actual physical gold in storage, but now there's a smaller unit system called Scudo that sits beneath it. Think of it like how you can break down traditional currency into cents or satoshis in Bitcoin — it's all about making the tokenized gold asset more practical and granular for different use cases and transaction sizes. The move reflects how tokenized commodities are evolving on-chain, giving holders more flexibility in how they engage with their gold exposure through Tether's platform.