Tether announced the introduction of Scudo, a fractional unit of Tether Gold (XAUT) representing one-thousandth of a troy ounce of gold, which simplifies the process of owning and trading gold (via XAUT) on-chain, as well as turning this valuable resource into a currency for everyday transactions.
Using Scudo to Create a Practical Digital Gold System
Stablecoin behemoth Tether has taken another step toward creating a practical digital gold system through the launch of Scudo as an additional fractional unit of Tether Gold (XAUT), with each Scudo representing one-thousandth of a troy ounce of physical gold vaulted in Switzerland (like XAUT).
With Scudo, customers can overcome the challenge of using XAUT and other digital gold products as they are usually expressed in terms of decimals; therefore, pricing will now be available without using unwieldy unit fractions, similar to how “Satoshis” allow for smaller quantities of Bitcoin to be transacted, allowing goods and services to be priced in whole or partial Scudo units.
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Timed with a Historic Gold Rally
The introduction of Tether Gold’s “Scudo” matches perfectly with the surge in the gold price, having an outstanding performance throughout 2024 and 2025, to exceed $4500/OZ, being some of the causes: inflation, central banks buying gold, or even haven investments, triggering its all-time high (ATH).
Tether’s goal is to not only allow people to fraction their gold into smaller amounts to transact, but also to create a potential medium of exchange for everyday digital commerce around the world.
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A Step Toward Gold as Digital Money
Tether, through Scudo, expands its vision and provides consumers with an updated version of gold ownership, adding more types of use cases for on-chain gold, specifically in the areas of micro transactions and programmable payments. By doing this, Tether hopes to engage a new demographic of users who are looking to benefit from gold’s stability, while using the speed and flexibility of blockchain technology.
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