Tether has introduced a satoshi-style Scudo unit for its gold-backed XAUT token. This development comes as gold's rally has widened performance gaps across major assets. According to reports, bullion has outperformed both U.S. equities and crypto markets over the year. The introduction of the Scudo unit may be related to the increased interest in gold as an asset.

Tether has introduced a satoshi-style Scudo unit for its gold-backed XAUT token. This development comes as gold's rally has widened performance gaps across major assets. According to reports, bullion has outperformed both U.S. equities and crypto markets over the year. The introduction of the Scudo unit may be related to the increased interest in gold as an asset.