[Tether Launches New Accounting Unit 'Scudo' for Tether Gold (XAU₮)] According to the official blog, stablecoin issuer Tether has announced the launch of Scudo—a new accounting unit for the tokenized gold product Tether Gold (XAU₮), aimed at making gold once again an accessible means of payment for everyone. Tether defines one Scudo as one-thousandth of a troy ounce of gold (or one-thousandth of XAU₮), enabling Tether Gold to achieve clearer price labeling, more convenient transfers, and more intuitive use of gold value. Users no longer need to send or price assets in complex fractional decimals of XAU₮ but can instead transact in whole or fractional Scudo units. This not only makes gold more practical as a store of value but also more convenient as a medium of exchange. Tether Gold remains fully backed by physical gold stored in secure vaults, with ownership verifiable on-chain through Tether's asset tracking tool. Scudo does not alter the structure or backing of XAU₮ but provides a simpler way to measure and trade gold value, especially in the context of rising prices.