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

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

Tether launches Scudo unit for fractional Tether Gold transactions as gold hits new all-time highs near $4,500 per ounce.

Investment bank Jefferies said the recent surge in gold prices can’t be explained by traditional drivers alone and points instead to Tether as a major new buyer. Attestation data and on-chain activity ...

Employee Yoon purchased a virtual currency called ‘PAX Gold (PAXG)’ late last year. Issued by the U.S. virtual currency ...

Tether CEO Paolo Ardoino shared images of Bolivian duty-free goods priced in USDt, suggesting the stablecoin's growing role as a reference currency in a struggling economy. Tether CEO Paolo Ardoino ...