Tether Introduces Scudo: Making Gold Easy to Trade

Published by

Sohrab Khawas

January 7, 2026

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Tether has launched Scudo, a new unit of account for its gold-backed token, Tether Gold (XAU₮), to simplify pricing and usage of digital gold. One Scudo equals 1/1000 of a troy ounce of gold, a change aimed at smoother everyday transactions and clearer values on chain. This new unit does not change XAU₮’s structure or physical backing. Gold remains fully backed in secure vaults with on-chain proof. Scudo is designed to bring gold closer to real-world use, not just long-term holding.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news