Suduk

The gold coin.

A fixed weight of allocated gold. New, and built from zero on the same system as USDF. Nothing from earlier gold drafts is reused.

What is new

It starts from zero.

What one Suduk is.
A fixed weight of allocated, Good Delivery gold held in a professional vault under a bar list, with inspections and a monthly ounce attestation. Redeemable for the metal by approved holders.
What is built for it today: nothing.
No contract, no page, no vault, no metal.
What it reuses.
The same issuing console, reserve ledger, attestation page and investor portal as USDF. The gold logic is the new part.
When.
On a test network first: reserve model, bar-list format, page and token. Mainnet only after counsel and FTH's sign-off.

What Suduk is

One unit is: a fixed weight of allocated gold
Backed by: vaulted Good Delivery bars under bailment, bar list published, attested monthly
Who can hold it: approved holders only
Created and redeemed by: FTH staff on the console, two approvals per action, every action recorded
Pays the holder: nothing; a holding fee may apply
Networks: Stellar first, Ethereum-type second
Issued to the public: not until counsel clears the route

FTH Trading holds no stablecoin issuer approval today and does not represent otherwise. No bank, custodian, vault or partner is signed.

Write to the program lead. Not an offer of any coin or security.