Tether rolls out satoshi-style Scudo unit for its gold-backed XAUT token
Tether introduced Scudo, a new unit equal to one-thousandth of a troy ounce of gold, for its XAUT token to simplify fractional gold transactions.Summary
Stablecoin issuer Tether has launched Scudo, a new unit of account for its gold-backed token, Tether Gold (XAUT). Scudo is defined as one-thousandth of a troy ounce of gold (or one-thousandth of an XAUT), mirroring Bitcoin's use of satoshis. This structure allows users to denominate transfers and prices in whole or partial Scudo units, making it easier to handle fractional gold ownership, especially as gold prices rise and small transactions become unwieldy when dealing with small decimal fractions of an ounce.
The rollout occurs after a strong performance by gold, which reached record highs in 2025, outperforming both equities (S&P 500 gained over 16%) and crypto markets (Bitcoin was down roughly 6%). This outperformance has fueled demand for tokenized gold products, which currently hold a combined market capitalization of about $4.3 billion. XAUT remains the dominant token in this sector, accounting for roughly half of the total market value.
(Source：The Block)