Wu Blockchain reports that Tether has announced a new accounting unit for its tokenized gold, Tether Gold (XAU₮), called Scudo. According to the introduction, Scudo is designed to simplify gold valuation by avoiding the use of complex decimal values. 1 Scudo is defined as 1/1000 of an ounce of gold, making it more intuitive and user-friendly for everyday transactions. Tether stated that Scudo will not change the structure or underlying backing of XAU₮. The tokenized gold XAU₮ remains fully backed by physical gold stored in secure vaults, and ownership can be verified on-chain using Tether's asset tracking tool. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54687