Tether unveiled Scudo on Tuesday, a new unit of account for its gold-backed token XAUT to enable fractional gold payments as bullion prices climb. The change aims to make tokenized gold practical for microtransactions and merchant use.
Binance CEO Changpeng Zhao will face off with economist Peter Schiff in a high-profile debate at Binance Blockchain Week on Bitcoin versus tokenized gold. The discussion could shape investor sentiment and influence regulatory thinking around BTC and asset-backed tokens like PAXG and XAUT.