On February 13, Tether Gold announced the launch of a new measurement unit, Scudo, to provide an innovative and intuitive way to measure the value of gold on the blockchain. According to BlockBeats, 1 Scudo is equivalent to 1/1000 of an XAUT (gold ounce), offering users a practical and manageable method for small-scale transactions, making the sending and receiving of gold on the blockchain more accessible.
Tether stated that this initiative aims to enhance the everyday usability of digital gold assets, providing investors and traders with a more flexible operational experience.