Tether Introduces Scudo to Make Gold-Backed XAU₮ More Transactable Onchain

PermabullPete · 2026-01-06T17:20:20+00:00

Tether has introduced Scudo, enhancing the transaction capabilities of its gold-backed token XAUT by enabling fractional ownership on blockchain. This initiative aims to make gold-backed assets more accessible as demand rises.

PermabullPete

2026-01-06 17:20:20

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Source: CryptoBriefing Original Title: Tether introduces Scudo to make gold-backed XAU₮ more transactable onchain Original Link:

Overview

Tether, the stablecoin issuer, has launched Scudo, a new initiative designed to make its gold-backed token XAUT more accessible and transactable on-chain.

What is XAUT?

XAUT is a digital token that represents ownership of physical gold stored in secure vaults. The token can be transferred to any blockchain address and redeemed for actual gold bars.

Scudo Features

Scudo enables fractional gold ownership on blockchain networks, with each unit representing one-thousandth of a troy ounce, making it easy to transfer and hold gold-backed assets via smart contracts.

The launch expands Tether’s gold-backed offerings by improving on-chain transaction capabilities in decentralized environments.

Key Points

Tether has launched Scudo, a new unit of account equal to one-thousandth of a troy ounce of gold, for its XAU₮ token
The move comes as gold prices reach record highs and demand for gold-backed digital assets continues to surge

XAUT-0,28%

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BTCWaveRider

· 01-06 17:50

Gold token on-chain transactions... There's still quite a lot of room for imagination in this area, but can it really take off?

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ApeEscapeArtist

· 01-06 17:46

Gold is getting new tricks on the chain again, Tether really wants to make XAUT truly liquid.

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consensus_failure

· 01-06 17:44

Is the name Scudo meant to pay homage to that shield... Never mind, Tether is launching new stuff anyway, and the gold-backed XAUT has such poor liquidity. Will this wave work?

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VirtualRichDream

· 01-06 17:28

Scudo? That name is a bit... well. But the liquidity on xaut has indeed improved, which is really good. The gold standard stuff is finally able to move.

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LiquidityNinja

· 01-06 17:27

Scudo? Sounds pretty good. The gold-backed token is finally going to start circulating.

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CounterIndicator

· 01-06 17:21

Oh no, Tether is up to new tricks again. This time, they're using Scudo to boost XAU₮... Can it really become liquid?

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