Tether introduces Scudo: fractional ownership of digital gold becomes more accessible to all XAUT users
2026-01-13 09:05:37
Tether announced the launch of a new Scudo unit of account for tokenized gold XAUT, making fractional ownership of the asset much easier. The innovation allows users to purchase and store minimal fractions of gold, which was previously difficult due to the high cost of one XAUT token, equivalent to one troy ounce of gold.Scudo is comparable in concept to satoshi in the Bitcoin ecosystem: if one XAUT is equal to one ounce of gold, then one Scudo is 1/1,000,000 XAUT. This opens up new opportunities for investors, allowing them to purchase shares of gold with minimal investment. For example, if the value of one ounce of gold is $2,000, then a minimum Scudo share would cost just $0.002, making the investment accessible to a wider audience.According to Tether, the total amount of XAUT tokens issued to date exceeds 600,000 ounces, making it one of the largest in the tokenized precious metals segment. The introduction of Scudo is designed to increase liquidity and flexibility of operations, as well as lower the entry threshold for new users.Tether's plan to split XAUT into smaller units reflects the company's desire to democratize access to traditional assets via blockchain. The introduction of Scudo is expected to accelerate mass adoption of digital assets, providing transparency, security and ease of transactions for all market participants.
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Patrick
2026-01-25 14:15:00
Transaction completed without problems.
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2026-01-17 16:30:00
Good platform for exchange operations.
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