Tether Gold Unveils Scudo: 1/1000 XAU₮ Unit Unlocks Micro Gold Transfers On-Chain

1. Transparency of reserves
2. Redemption mechanics
3. Ease of use

Most platforms already offer fractional ownership. The difference between Tether these days and the past is the interface and how it fits better in DeFi. Scudo is a brand that is telling you to get tokenized gold that does not have to be any more complex than a stablecoin. With the maturation of the digital asset space, convenience, as opposed to the technical configuration, tends to be a greater motivator of adoption.

About Author

See author's posts