Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), designed to simplify fractional gold transactions. One Scudo equals one thousandth of a troy ounce of gold or the equivalent amount of XAUT, according to the company. This structure aims to avoid what Tether calls “complex decimal fractions of XAUT,” enabling pricing with a simpler unit. Tether notes that users can transact in whole or partial Scudo units, making gold practical as a medium of exchange for everyday purchases.
“Introducing Scudo. A new way to measure the value of gold on-chain. Scudo is a simple, intuitive unit that makes Tether Gold (XAU₮) easier to use, track, and transact,” the company stated.
Gold has been in rally mode, with prices reaching $4,525.16 per ounce on Dec. 23, 2025, before giving back some gains. As of Jan. 6, 2026, gold had reclaimed about $4,491 and was up nearly one percent for the day, underscoring gold’s role as a value store alongside digital assets. Bitcoin, meanwhile, remained volatile, with late-2025 momentum peaking near $125,556 before retreating toward the low-$90,000s. The price stood around $91,876 on Jan. 6, 2026, after brief moves to the mid-$90,000s earlier in the month.
Leave a Reply