Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), intended to make gold easier to price, transfer, and ...

Tether moved to establish a new unit of account for gold, arguing that transactions denominated in "Scudo" could simplify ...

Tether already offers a gold-backed digital token called XAUT. Each XAUT token is backed by real gold bars stored in secure ...

Tether launched Scudo, a new on-chain unit that simplifies the pricing and transfer of gold-backed value through its Tether ...

These stablecoins provide an alternative way to invest in gold, and both are redeemable for physical gold bars.

Tether launches Scudo to simplify gold payments using XAU₮, offering a new unit of account as demand for gold reaches record ...

Tether has introduced a new unit of account, called Scudo, for its gold-backed token Tether Gold (XAUT), as demand for ...

Tether invested an additional $100 million in Elemental Altus, increasing its 37.8% stake. Elemental merged with EMX, forming a mid-tier gold royalty company. Gold’s record high near $3,580 per ounce ...

Rumble on Wednesday announced the launch of a new digital wallet built in partnership with stablecoin giant Tether, allowing ...

Stablecoin issuer Tether (CRYPTO: USDT) is exploring investments in the gold industry as part of its broader strategy to diversify profits from its cryptocurrency operations. What Happened: Quoting ...

In an X post, Kobeissi Letter noted that Tether’s gold holdings hit a record $12.9 billion in September, equal to 104 tons of actual gold. The value has more than doubled since the start of the year.