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Tether Introduces ’Scudo’ Unit to Simplify Gold Token Trading

Tether Introduces ’Scudo’ Unit to Simplify Gold Token Trading

Author:

Global Cryptocurrency

Published:

2026-01-07 11:45:02

19

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BTCCSquare news:

Tether has launched a new unit of account called Scudo for its gold-backed digital token, XAU₮, designed to streamline small-value Gold transactions. The Scudo represents one thousandth of a troy ounce of gold, addressing the complexities of fractional ownership and microtransactions in tokenized gold.

With gold prices hitting record highs, the MOVE aims to eliminate cumbersome decimal calculations for users. The concept mirrors Bitcoin's satoshi, enabling practical, everyday use of digital gold without altering XAU₮'s underlying structure or redemption mechanism.

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