Tether has launched “Scudo,” a new unit of account for Tether Gold designed to facilitate fractional transactions, making it easier to make and accept payments in gold. According to a Jan. 6 press release from Tether, one Scudo is equal to one thousandth of a troy ounce of gold or the equivalent amount of XAUT. This allows users to price assets in a manner that avoids what Tether refers to as “complex decimal fractions of XAUT.” Tether says users can transact in whole or partial Scudo units, making it p ...