Tether introduces Scudo, a new unit equal to 1/1000th troy ounce of gold, enabling easier fractional XAUT transactions as gold maintains record highs above $4,400.
Tether has launched “Scudo,” a new unit of account for Tether Gold XAUT $5 069 24h volatility: 1.3% Market cap: $2.86 B Vol. 24h: $305.67 M designed to facilitate fractional transactions, making it easier to make and accept payments in gold.
According to a Jan. 6 press release from Tether, one Scudo is equal to one thousandth of a troy ounce of gold or the equivalent amount of XAUT. This allows users to price assets in a manner that avoids what Tether refers to as “complex decimal fractions of XAUT.”
Tether says users can transact in whole or partial Scudo units, making it practical to use gold as a medium of exchange, even for daily use. This added accessibility could appeal to investors and cryptocurrency holders seeking safe haven during economic disruption.
Introducing Scudo.
A new way to measure the value of gold on-chain. Scudo is a simple, intuitive unit that makes Tether Gold ( XAU₮) easier to use, track, and transact.1 Scudo = 1/1000 of an XAU₮ (Gold Ounce), giving you a practical and accessible way to send and receive gold… pic.twitter.com/JLbhuUYTk2
— Tether Gold (@tethergold) January 6, 2026
Gold reaches all-time highs
In October 2025, gold reached a new all-time high of $4,058.98 per ounce. Meanwhile, Bitcoin BTC $70 287 24h volatility: 0.5% Market cap: $1.41 T Vol. 24h: $42.89 B also claimed a new all-time high in the same month, peaking at $125,556 as 2025 came to a close. Before the year was out, however, Bitcoin would plummet below $85,000 in November. It managed to claw its way back to $90K by year’s end but, as of the time of this article’s publication, a brief pulse to $94K on Jan. 5 has been undone as BTC sits at $92.5K.
Bitcoin price as of Jan. 6 | Source: LSEG
Gold managed to maintain its post-October momentum, reaching a new all-time high price of $4,525.16 per ounce on Dec. 23, 2025 before retreating slightly over the next week. As of Jan. 6, gold has reclaimed $4,491 and is up nearly a percent for the day.
Gold price as of Jan. 6 | Source: LSEG
The economic impact of skyrocketing gold prices and relative instability within the cryptocurrency market, especially among cornerstone tokens such as Bitcoin and Ethereum ETH $2 066 24h volatility: 0.5% Market cap: $249.42 B Vol. 24h: $18.21 B , has positioned both stablecoins and gold as prime value stores for investors and traders.
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