Tether Launches Scudo Denomination to Enable Everyday XAUt Gold Payments
The post Tether Launches Scudo Denomination to Enable Everyday XAUt Gold Payments appeared on BitcoinEthereumNews.com.
Tether introduced the Scudo denomination for its Tether Gold (XAUt) token. As gold prices hit record highs, Scudo takes XAUt beyond its function as a store of value, allowing for regular transactions. Tether, a stablecoin issuer, has unveiled a new denomination called Scudo for its Tether Gold (XAUt) token. It is a gold-backed crypto, which represents the ownership of physical gold. As gold prices have reached record highs, Tether aimed for everyday payments in gold, expanding its token use case beyond a traditional store of value. 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. 1 Scudo = 1/1000 of an XAU₮ (Gold Ounce), giving you a practical and accessible way to send and receive gold… pic.twitter.com/JLbhuUYTk2 — Tether Gold (@tethergold) January 6, 2026 According to Tether’s official post on Jan 6th, Scudo is defined as one-thousandth of an XAUt. While XAUt is already tokenizing physical gold, where daily usage is limited, any gold-backed deals can be done with very small or decimal units of gold. Now users can use whole or partial units of Scudo to send or receive for any day-to-day transactions. XAUt’s Core Structure Remains Unchanged The newly launched Scudo will not affect the underlying structure of the XAUt token, where Tether Gold is still entirely underpinned by real gold kept in safe vaults, and Tether’s asset reporting tools allow ownership to be confirmed on-chain. As this new Scudo is not a new token or crypto, it is just a denomination, so no fees will be charged. Still, XAUt charges regular issue and redemption fees; there are no continuous custodial fees. Gold Climbs to Record Highs In tether’s official post, they mentioned that Gold has risen to…
Filed under: News - @ January 7, 2026 10:23 am