Tether Pushes Tokenized Gold Toward Payments With Scudo Rollout

Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), intended to make 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. Gold’s Comeback Meets Digital Infrastructure Gold surged through 2025 as investors sought protection against eroding purchasing power and macro volat ...