Tether Introduces Scudo: Making Gold Easy to Trade

The post Tether Introduces Scudo: Making Gold Easy to Trade appeared first on Coinpedia Fintech News

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.