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Tanzeel Akhtar

Tether Launches Scudo on January 6, 2026, a 1/1000-Ounce Unit for XAUT Payments

On January 6, 2026, Tether announced Scudo, a unit of account for Tether Gold (XAUT) intended to streamline pricing, transfers, and everyday use. One Scudo equals one‑thousandth of a troy ounce to reduce awkward decimals and make gold‑denominated payments more intuitive. The company also introduced tooling for self‑custodial wallets supporting XAUT, other stablecoins, and Bitcoin.
XAUT
XAUT+0.04%
BTC
BTC-0.16%
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