Overview
- Tether says Scudo is live on its backend with phased integrations to supported wallets and platforms to follow.
- Scudo is a denomination layer only, leaving XAUT’s physical gold backing, custody model, issuance, and fees unchanged.
- Tether introduced a Wallet Development Kit to help developers build self-custodial wallets that support XAUT and other assets across devices.
- XAUT’s market capitalization is about $2.3 billion, with interest in tokenized gold rising alongside 2025’s gold price rally.
- The company likens Scudo to Bitcoin’s satoshi to facilitate smaller, clearer gold transactions on-chain.