Tether has rolled out Scudo, a fresh unit of account tied to its gold-backed XAUT token. The mechanism works by representing 1/1000 of a troy ounce, offering a more granular pricing structure as institutional players pile into commodity-linked digital assets. The timing aligns with gold prices pushing past the $4,500 mark, signaling sustained appetite from major market participants seeking stability and real-world asset exposure through tokenized solutions.
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DegenWhisperer
· 18h ago
The name Scudo sounds a bit vintage, doesn't it? It feels like Tether is trying out some new tricks.
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ShitcoinArbitrageur
· 01-08 21:09
Gold tokenization, another new trick for institutions to harvest retail investors?
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IfIWereOnChain
· 01-07 04:58
Gold tokenization makes a comeback; institutions are really getting more and more into this.
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MoodFollowsPrice
· 01-07 04:56
Gold prices break 4500, institutions flock in, USDT's move is indeed fierce. The granularity design of one-thousandth of an ounce really pays attention to detail.
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fomo_fighter
· 01-07 04:55
The name Scudo is quite something. Another new concept for cutting leeks? I've seen many gold tokens, but only a few can truly hold up.
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SnapshotStriker
· 01-07 04:50
Wait, can a granularity of 1/1000 ounce really impress institutions? It still seems to depend on how the liquidity of XAUT itself performs...
Tether has rolled out Scudo, a fresh unit of account tied to its gold-backed XAUT token. The mechanism works by representing 1/1000 of a troy ounce, offering a more granular pricing structure as institutional players pile into commodity-linked digital assets. The timing aligns with gold prices pushing past the $4,500 mark, signaling sustained appetite from major market participants seeking stability and real-world asset exposure through tokenized solutions.