Tether Launches Scudo Unit for Fractional XAUT Payments

Published at 2026-01-06 18:30:49

On Tuesday, Jan. 6, 2026, Tether introduced Scudo, a unit of account for its gold-backed token XAUT designed to simplify fractional gold transactions as bullion reaches record levels. Scudo breaks XAUT into smaller denominations so users and merchants can transact in tokenized gold without dealing with high per-ounce pricing, responding to growing demand for digital gold alternatives.

The move could push XAUT beyond a pure hedge into a payments and remittance tool, potentially increasing liquidity and merchant acceptance. Market participants will watch adoption rates, new trading pairs, and disclosures around reserves; strong uptake may intensify competition in the tokenized-precious-metals space and change how investors use gold as both a store of value and a transactional asset.

Share on:

Related news

AI Agents Prefer Bitcoin in Nearly Half of Responses, Stablecoins Lead for Payments

A Bitcoin Policy Institute study of 36 AI models published March 3, 2026 found Bitcoin was the top monetary choice in 48% of responses, while payment-specific prompts saw over half of models favor stablecoins.

Published at 2026-03-04 04:00:46
Ray Dalio: 'There Is Only One Gold' — Bitcoin Falls Short as Safe Haven

Bridgewater founder Ray Dalio said gold remains the only true safe‑haven in conflicts and flagged Bitcoin’s limited privacy as a key weakness. His remarks on March 3, 2026 underscore ongoing debate over crypto’s role in crisis scenarios.

Published at 2026-03-04 00:45:31
SoFiUSD Comes to Mastercard Network for Stablecoin Settlements

SoFi and Mastercard will support settlement in SoFiUSD across Mastercard’s global payments network, marking a move to integrate regulated U.S. dollar stablecoins into mainstream card infrastructure. The integration aims to speed settlement and expand on‑ramp/off‑ramp options for merchants and payment providers.

Published at 2026-03-03 18:15:27
Ripple Overhauls Payments Platform to Bridge Banks and Digital Assets

Ripple announced a major revamp of its Ripple Payments platform to become a unified business service that bridges traditional finance and digital assets, building on capabilities from its Palisade and Rail acquisitions. The move signals a push to win more bank adoption for XRP-linked payments.

Published at 2026-03-03 16:00:31
Visa and Bridge Expand Stablecoin-Backed Card Program to 100+ Countries

Bridge has partnered with Lead Bank in Visa’s stablecoin settlement pilot to let businesses and fintechs issue Visa cards funded by stablecoins, expanding coverage to more than 100 countries. The rollout aims to broaden stablecoin on-ramps and real-world payments.

Published at 2026-03-03 13:45:21