Tether has introduced "Scudo," a new unit of measurement for its Tether Gold (XAU₮) token, which is backed by physical gold.

This initiative is designed to make the token more intuitive and practical for everyday use. One Scudo is pegged at 1/1000 of an XAU₮ token, meaning it represents 1/1000 of a fine troy ounce of gold.

“Gold is once again proving its role as the ultimate store of value alongside Bitcoin,”

said Paolo Ardoino, CEO of Tether.

“XAU₮ makes gold digital, and now with Scudo, we are lowering the barrier to entry so that anyone can own, easily price, and transact even the smallest fraction of the historical world’s most trusted asset.”

The introduction comes at a time when gold has reached historic highs in 2025, fueled by persistent inflation concerns, interest-rate uncertainty, record central bank purchases, and strong demand for safe-haven assets. Tether argues that while many people recognize gold’s enduring value, its practical use has been limited by the complexity of handling fractional ounces — especially in a digital economy that moves at high speed.

Read More:
https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/