• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Tether Pushes Tokenized Gold Toward Payments With Scudo Rollout

January 6, 2026
in Crypto News
Reading Time: 3min read
0 0
A A
0
Tether Pushes Tokenized Gold Toward Payments With Scudo Rollout
0
SHARES
9
VIEWS
ShareShareShareShareShare

Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), intended to make gold easier to price, transfer, and use in everyday economic activity.

In a press release, the firm said the launch comes as global gold prices and demand sit at record highs, driven by inflation concerns, interest-rate uncertainty, and aggressive central bank buying.

Tether Introduces Scudo, Redefining Fractional Gold Ownership Onchain

Read more:https://t.co/COn08xEHRr

— Tether (@Tether_to) January 6, 2026

Gold’s Comeback Meets Digital Infrastructure

Gold surged through 2025 as investors sought protection against eroding purchasing power and macro volatility. While confidence in gold’s long-term value remains strong, its usability as a medium of exchange has steadily declined since the global shift to fiat currencies.

Tether argues that this transition, combined with unchecked money creation, has reintroduced inflationary pressures that are renewing interest in gold as a neutral store of value.

XAUT was designed to bridge that gap by tokenizing physical gold and making it transferable over blockchain rails. Each token is backed one-to-one by gold bars held in secure vaults with ownership verifiable on-chain. Yet practical challenges remained, particularly when pricing or transacting in small fractions of an ounce.

Solving the Decimal Problem With Scudo

Scudo addresses that final usability hurdle. One Scudo represents one-thousandth of a troy ounce of gold, effectively creating a smaller, intuitive denomination for XAUT. The approach mirrors Bitcoin’s use of satoshis, which allowed the network to scale payments without relying on long decimal values.

By transacting in Scudo rather than fractional ounces, users can price goods and services more naturally, improving gold’s viability not just as a store of value but also as a medium of exchange. The unit simplifies transfers, accounting, and everyday use cases as gold prices continue to rise.

Building a Broader Gold Payments Stack

The introduction of Scudo builds on Tether’s wider infrastructure push. The company has also released a developer-focused technology layer that allows firms, developers, and AI agents to deploy self-custodial wallets supporting XAU₮, other stablecoins, and Bitcoin across devices and operating systems.

“Gold is once again proving its role as the ultimate store of value alongside Bitcoin,” said Paolo Ardoino, CEO of Tether. He added that Scudo lowers barriers to entry by making gold easier to own, price, and transact, noting that user experience remains one of the digital asset industry’s biggest challenges.

Adoption Grows as Gold Goes Onchain

Scudo does not alter the backing or structure of XAUT, which remains fully collateralized by physical gold. Instead, it provides a more accessible measurement layer as adoption grows.

By December 2025, Tether Gold’s market capitalization had doubled within months, reflecting demand for gold exposure without traditional storage or custodial complexity.

The launch of Scudo is part of Tether’s broader strategy: modernizing access to legacy assets through blockchain technology and making historically exclusive stores of value more divisible, transparent, and usable in a digital-first economy.

The post Tether Pushes Tokenized Gold Toward Payments With Scudo Rollout appeared first on Cryptonews.


Credit: Source link

ShareTweetSendPinShare
Previous Post

DOJ Sells 57 Bitcoin Despite Trump’s Executive Order Requiring Strategic Reserve

Next Post

Bitcoin Mining Gets Greener as Canaan Recycles Heat for Agriculture

Next Post
Bitcoin Mining Gets Greener as Canaan Recycles Heat for Agriculture

Bitcoin Mining Gets Greener as Canaan Recycles Heat for Agriculture

You might also like

The Multi-Year XRP Bull Market That Could Change Everything Forever

XRP Price At $100 Is ‘Inevitable’, Analyst Explains Why This Is

March 3, 2026
VeChain Foundation Releases Q1 2024 Treasury Report

AI Video Tools in 2026 – Manus Claims Top Spot in 12-Platform Test

March 6, 2026
Chainlink Bridges US$5B in Coinbase’s cbBTC to Monad, Expanding Bitcoin Liquidity in DeFi

Chainlink Bridges US$5B in Coinbase’s cbBTC to Monad, Expanding Bitcoin Liquidity in DeFi

March 3, 2026
Solana Price Prediction: A Billion-Dollar Loss Didn’t Shake This SOL Whale — What Do They Know?

Solana Price Prediction: A Billion-Dollar Loss Didn’t Shake This SOL Whale — What Do They Know?

March 2, 2026
Eric Trump’s American Bitcoin Company Adds 11,298 Mining Machines, Expands by 3 EH/s

Eric Trump’s American Bitcoin Company Adds 11,298 Mining Machines, Expands by 3 EH/s

March 3, 2026
Expert Suggests Continued Growth, $35 Target Looms

CFTC Chair Says Crypto Perps Approval Is Close — Why This Is Huge For Hyperliquid?

March 4, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500

Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500

March 7, 2026
XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

March 7, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.