Tether moved to establish a new unit of account for gold, arguing that transactions denominated in "Scudo" could simplify ...
These stablecoins provide an alternative way to invest in gold, and both are redeemable for physical gold bars.
Tether launches Scudo unit for fractional Tether Gold transactions as gold hits new all-time highs near $4,500 per ounce.
Combined, Tether and USDC account for 90% of the total value of the stablecoin market. While the use cases for Tether and ...
Tether has introduced Scudo, a unit equal to one-thousandth of an ounce of gold, aiming to make gold-backed on-chain transactions more accessible.
PAX Gold is one of the gold stablecoins that have seen increasing global investment recently. A stablecoin originally refers ...
Tether purchased 26 tons of gold in Q3 2025, a larger quarterly acquisition than any reporting central bank. Its total holdings reached 116 tons, placing it among the world’s top 30 gold holders.
As the largest stablecoin, Tether is worth much more than Ripple USD and has a significant edge in trading volume. Ripple USD emphasizes regulatory compliance, a notable weak point of Tether. Tether ...