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‘Like sats for Bitcoin’: Tether creates tiny gold unit as onchain demand grows

1 min read
‘Like sats for Bitcoin’: Tether creates tiny gold unit as onchain demand grows

Tether has introduced a new digital gold unit called Scudo, aimed at facilitating smaller transactions as on-chain demand for gold increases. The company believes that Scudo will make gold more accessible for digital transactions amid rising prices and growing institutional interest in precious metals.

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Source: CoinTelegraph · Report an issue