2026-01-06 19:20:58

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.

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AirdropJunkie

· 01-09 19:20

Oh wow, Scudo's stuff, finally someone made gold look a bit decent To be honest, on-chain gold has always been quite awkward, with conversions being a nightmare. I wonder if more people will actually use it now that it's simplified... Using one-thousandth of an ounce as the unit, that's a pretty good idea. Much better than constantly dealing with decimals.

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CryptoComedian

· 01-08 09:11

Laughing out loud, finally someone has tokenized gold on the blockchain. Is the next step to mint an NFT for every gram of gold?

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TokenStorm

· 01-06 19:51

On-chain data shows that USDT holding addresses are starting to move again. The design logic of this Scudo seems a bit familiar to me. How much can transaction fees be reduced? That’s the key indicator. Gold payment has long been something that should have been developed, but doing USDT first feels a bit strange. I calculated the conversion logic and estimated how much gas can be saved compared to directly handling XAU₮. Let the on-chain data speak. This simplification might leave a gap for arbitrage opportunities. I’m thinking of testing it out.

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ApeShotFirst

· 01-06 19:50

Whoa, really! Scudo's move is amazing, finally no need to do such complicated calculations --- The idea of bringing gold on-chain is becoming more and more reliable, and USDT is causing some trouble again --- Wait, one thousandth of an ounce? Does such a detailed division really make a difference --- I knew it, the digitalization of traditional assets is definitely the future, and Tether is leading the way --- Scudo... is it another new currency, or just a pure accounting unit? Feeling a bit confused --- On-chain gold payments are finally starting to look decent, I was really annoyed by those conversions before --- Now that's good, another asset bridge route has appeared, feels like a wave is coming --- I don't know if this thing will cause any waves in the crypto world, but it does sound pretty interesting

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Anon4461

· 01-06 19:49

Hmm... sounds good, but I wonder if it will be that smooth in real-world scenarios.

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LostBetweenChains

· 01-06 19:37

Haha, the name Scudo is pretty good, but honestly, I still have some reservations about putting gold on the chain... --- Simplified conversion and convenience are appealing, but will it really work in practice when used? --- The one-thousandth ounce unit is thoughtfully designed, but let's see how long Tether can stick with it this time. --- On-chain gold payments? Feels more like a concept than practical application. Would ordinary users really use this? --- Scudo sounds like something from a game, but simplifying gold valuation is indeed a good thing. --- I understand this logic, but the question is, will anyone really use it as a payment tool? --- Hmm... putting precious metals on the chain is a direction, but Tether mainly pushed this for their own ecosystem. --- Simplified conversion is a good thing, but how far is on-chain gold from real implementation? --- It's a well-designed concept, but don't overhype the "innovation." Let's see how far it can go.

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