CryptoMediaClub
Monday, July 13, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Tether Pushes Tokenized Gold Toward Payments With Scudo Rollout

06.01.2026
A A
0
119
VIEWS
ShareShare

Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), aimed at making 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.

Share9Tweet6ShareSharePin2

Related Posts

Robinhood Chain’s Gas Subsidy Is Closing the Gap With Base: Future of Ethereum On Horizon?
All news

Robinhood Chain’s Gas Subsidy Is Closing the Gap With Base: Future of Ethereum On Horizon?

13.07.2026
0

Ethereum News: Robinhood Chain processed 7.6 million daily transactions on July 10, just 11 days after its July 1 mainnet...

Read moreDetails
Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm

Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm

13.07.2026

No Email, No Account, No KYC: How GhostSwap Swaps 1,600+ Coins in One Step

13.07.2026
Google Gemini AI Just Predicted This Solana Price for Next 90 Days

Google Gemini AI Just Predicted This Solana Price for Next 90 Days

13.07.2026
Top Democrats Slam Trump Over Crypto Engagement

Top Democrats Slam Trump Over Crypto Engagement

12.07.2026
Load More
Next Post
Bank of America advisers are finally recommending Bitcoin, but the “modest” allocation is the bigger shock

Bank of America advisers are finally recommending Bitcoin, but the “modest” allocation is the bigger shock

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Tether Expands Partnership with INHOPE to Combat Online Child Exploitation

Tether Expands Partnership with INHOPE to Combat Online Child Exploitation

12 months ago
Trump Ordered an Extended Iran Blockade and Oil Hit $111 But BTC USD Price Just Shrugged It Off And Pumped Again

Trump Ordered an Extended Iran Blockade and Oil Hit $111 But BTC USD Price Just Shrugged It Off And Pumped Again

2 months ago
Crypto ATM Installations Rebound in May Defying Previous Decline

Crypto ATM Installations Rebound in May Defying Previous Decline

3 years ago
Bitcoin’s price is down 10% — New bear market or correction?

Bitcoin’s price is down 10% — New bear market or correction?

3 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm

No Email, No Account, No KYC: How GhostSwap Swaps 1,600+ Coins in One Step

Google Gemini AI Just Predicted This Solana Price for Next 90 Days

XRP loses $700 million in futures bets while XRPL builds a $4 billion institutional pipeline

Top Democrats Slam Trump Over Crypto Engagement

Eric Trump’s American Bitcoin forces 1:15 reverse split to avoid Nasdaq delisting amid 8k BTC holding

Trending

Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August
Analysis

Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

13.07.2026
0

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher,...

Robinhood Chain’s Gas Subsidy Is Closing the Gap With Base: Future of Ethereum On Horizon?

Robinhood Chain’s Gas Subsidy Is Closing the Gap With Base: Future of Ethereum On Horizon?

13.07.2026
Bitcoin’s $60K price floor is back in play as Hormuz oil shock returns

Bitcoin’s $60K price floor is back in play as Hormuz oil shock returns

13.07.2026
Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm

Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm

13.07.2026

No Email, No Account, No KYC: How GhostSwap Swaps 1,600+ Coins in One Step

13.07.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz