BlockBeats news: On January 8, Tether recently announced the introduction of a new unit of measurement called "Scudo" for its gold token XAUT. One Scudo equals 1/1000 troy ounce of gold, currently valued at approximately $4.48, significantly lowering the barrier to entry for participating in gold. Data shows that XAUT's market capitalization has already reached about $2.3 billion, indicating that tokenized gold is rapidly moving toward everyday transaction and payment scenarios.
BiyaPay analysts pointed out that gold assets are increasingly integrating with stablecoins and crypto trading, and will appear more frequently in both trading-oriented and hedging-oriented investment strategies in the future. Currently, BiyaPay supports direct USDT trading for US and Hong Kong equity futures and spot contracts, as well as trading in gold and other precious metals. Users can simultaneously allocate crypto assets, gold, and global capital market positions within a single account, capitalizing on the emerging trend of parallel development between "digital gold" and traditional financial assets.