For now, Tether’s move adds another layer to the evolving infrastructure around onchain commodities, signaling that the race is no longer just about digitizing assets, but about making them feel usable in a world accustomed to taps, swipes, and rounded numbers.
FAQ What is Scudo?Scudo is a new unit of account equal to one-thousandth of a troy ounce of gold within the XAUT system. Does Scudo change how XAUT is backed?No, XAUT remains fully backed by physical gold held in secure vaults. Why introduce Scudo now?The unit is meant to simplify pricing and transfers as gold prices climb to record levels. Who is XAUT’s main competitor?XAUT competes primarily with PAXG, Paxos’ gold-backed token.Tether Pushes Fractional Gold Payments With New Scudo Unit
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