Tether Introduces Scudo for Fractional Transactions in Tether Gold XAUT

Tether Launches Scudo for Tether Gold

Tether introduced "Scudo," a new unit of account for [Tether Gold](https://holder.io/coins//).
One Scudo equals one thousandth of a troy ounce of gold.
This facilitates fractional transactions, making gold easier to use as a medium of exchange.
Scudo aims to simplify pricing and transactions in gold by avoiding complex decimals.

Bitcoin price as of Jan. 6 | Source: LSEG

Gold and Cryptocurrency Market Movements

In October 2025, gold hit an all-time high of $4,058.98 per ounce.
[Bitcoin](https://holder.io/coins/btc/) also reached a peak of $125,556 but dropped below $85,000 in November.
By January 5, Bitcoin recovered slightly to $92.5K.
Gold prices continued to rise, reaching $4,525.16 on December 23, 2025, before settling at $4,491 by January 6.

Gold price as of Jan. 6 | Source: LSEG

The surge in gold prices and cryptocurrency volatility underscores the appeal of stablecoins and gold as secure value stores.