According to Paolo Ardoino, Tether introduced Scudo as an on-chain unit equal to one thousandth of an XAUT ounce of gold, defining Scudo as 0.001 troy ounce within the Tether Gold framework (source: https://twitter.com/paoloardoino/status/2008541912060547496; source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/). Tether stated that Scudo is meant to redefine fractional gold ownership on-chain, providing a standardized denomination for the Tether Gold ecosystem that traders can reference for settlement and pricing workflows (source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/). For trading calculations, the specification implies 1 XAUT equals 1000 Scudo and Scudo pricing is mechanically derived from XAUT by a 1 to 1000 ratio, enabling direct conversion of XAUT price quotes into Scudo terms (source: https://twitter.com/paoloardoino/status/2008541912060547496; source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/). The announcement was published on January 6, 2026 via Ardoino’s X post and Tether’s newsroom, setting the reference parameters for market integrations and quoting conventions (source: https://twitter.com/paoloardoino/status/2008541912060547496; source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/).

According to @EmberCN, a tracked wallet bought 264.8 WBTC for $30 million at $113,262 in late October and now shows a $5.7 million unrealized loss on that position; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, from early October to now the same address accumulated 2,371.4 XAUt and 559.7 PAXG totaling $12.42 million at an average price of $4,239 and currently shows about $410,000 in unrealized gains; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, on Jan 5, 2026 the whale added approximately $8.5 million in XAUt, indicating continued exposure to tokenized gold; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, this wallet previously bought 97.6 WBTC at $110,039 in late September and sold at $118,748 in early October, realizing around $850,000 profit on that swing; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364.

According to @lookonchain, an unknown whale dumped 31,005 ETH worth $92.19M about 6 hours ago, locking in a $18.8M loss over the past two weeks; source: x.com/lookonchain/status/2007061300539777350. According to @lookonchain, the wallet had accumulated 30,838 ETH between Nov 3 and Nov 10 at an average entry of $3,581 for a total of $110.43M; source: x.com/lookonchain/status/2007061300539777350 and intel.arkm.com/explorer/entity/8ebeef24-4cad-4174-9239-340163570d0b. According to @lookonchain, the whale then rotated into gold by spending $14.58M over the past 7 hours to buy 3,299 XAUT at $4,421 each; source: x.com/lookonchain/status/2007061300539777350.

According to @OnchainLens, citing Nansen data, six wallets linked to a single entity purchased 3,102 XAUT for $13.72 million at an average price of $4,422 on Jan 2, 2026 (source: @OnchainLens; data: Nansen). The identified wallets are 0xfdcc9299efb236a44ead917947bf782ed4fda74c, 0xbda3faf2701d31e25c03b031a64852fbe31192c9, 0xa2b7232e5304d91f8507387f568ebc90afe3bbac, 0x2f4f8c45c98f8a683daabaf0ec874b916908cd73, 0x3ed6ce892f8554b248687433f77526bc789e41a0, and 0x471e2f3d054c408a7f1f9a9ba3c1127512e4f725 (source: @OnchainLens; data: Nansen).

According to @GracyBitget, Bitget granted each full-time employee a New Year bonus in the form of a gold-backed stablecoin worth 100 USD, source: @GracyBitget, X, Jan 1, 2026. The announcement also confirms Bitget TradFi will fully open on January 5, 2026, with support for trading gold and other traditional assets, source: @GracyBitget, X. For traders, the Jan 5 go-live provides a defined timeline to prepare for access to gold stablecoin and traditional asset markets on Bitget, source: @GracyBitget, X.

According to @paoloardoino, Blockchain Research Lab warns the leveraged paper gold market is becoming fragile as central banks purchase and repatriate gold and investors move from paper gold to allocated tokenized gold such as XAUt, source: @paoloardoino on X citing Blockchain Research Lab blog published Dec 4, 2025 (blockchainresearchlab.org). According to @paoloardoino, the report argues this rotation could trigger a sudden, nonlinear collapse of the paper gold system, placing on-chain tokenized gold exposure like XAUt in sharper focus for traders, source: Blockchain Research Lab via @paoloardoino on X, Dec 2025. According to @paoloardoino, XAUt is cited in the report as an allocated tokenized gold alternative that investors prefer relative to paper gold, underscoring rising relevance for tokenized gold trading pairs, source: Blockchain Research Lab via @paoloardoino on X, Dec 2025.

According to @cas_abbe, the CZ–Peter Schiff debate at Binance Blockchain Week centered on whether tokenized vault-backed gold can rival BTC’s open, permissionless settlement, with Schiff promoting tokenized gold as digital money and CZ arguing tokenization does not solve the problems Bitcoin already solved; source: @cas_abbe on X, Dec 6, 2025. According to @cas_abbe, CZ contrasted Bitcoin’s auditable 21 million cap with the unknown total and future mined supply of gold and the potential risk of synthetic gold, while Schiff replied that gold supply grows slowly; source: @cas_abbe on X, Dec 6, 2025. According to @cas_abbe, Schiff stressed that central banks accumulate gold and none accumulate BTC, whereas CZ argued that markets move faster than central bank adoption; source: @cas_abbe on X, Dec 6, 2025. According to @cas_abbe, CZ cited real-world BTC usage in Africa, BTC‑denominated contracts on Binance, and faster, cheaper global payments, while Schiff claimed BTC is mostly speculative and not a pricing unit; source: @cas_abbe on X, Dec 6, 2025. According to @cas_abbe, key trading takeaways from the debate are the scarcity predictability of BTC, the open global settlement utility versus digital movement in tokenized gold, and the institutional adoption gap highlighted by central bank gold preference; source: @cas_abbe on X, Dec 6, 2025.

According to @binance, Changpeng Zhao (@cz_binance) and Peter Schiff debated Bitcoin (BTC) versus tokenized gold in an exclusive panel at Binance Blockchain Week, and the full video is now available, source: @binance on X, December 5, 2025. The panel explicitly focuses on BTC’s store-of-value narrative against tokenized gold’s on-chain representation, offering primary-source viewpoints directly relevant to trading theses, source: @binance on X, December 5, 2025.

According to @paoloardoino, XAUT is portable gold, reinforcing Tether Gold’s positioning as tokenized physical gold for on-chain use. Source: @paoloardoino on X. Each XAUT token represents ownership of one troy ounce of physical gold from London Good Delivery bars held in secure vaults in Switzerland. Source: Tether Gold official site tether.to/tether-gold. XAUT is issued on Ethereum ERC-20 and Tron TRC-20, enabling on-chain transfers and 24/7 settlement across compatible exchanges and wallets. Source: Tether Gold documentation tether.to/tether-gold. Tether states that holders can verify bar allocation and serial numbers to confirm backing, adding transparency for market participants. Source: Tether Gold official site tether.to/tether-gold. For traders, this structure provides gold price exposure within crypto venues without off-chain settlement, supporting portfolio diversification and on-chain collateral mobility. Source: Tether Gold product description tether.to/tether-gold. XAUT is issued by TG Commodities Limited, the entity responsible for Tether Gold. Source: Tether Gold legal and product pages tether.to/tether-gold.

According to @paoloardoino, Tether has hired top HSBC gold traders to take on the bullion market, as reported by Bloomberg, indicating a direct push into traditional precious metals trading infrastructure. source: Paolo Ardoino on X; Bloomberg For crypto traders, Tether’s bullion move is directly relevant because the firm issues USDT and also offers Tether Gold (XAUT), a token representing ownership of allocated physical gold. source: Tether official website; Tether Gold product page The combination of hiring seasoned bullion traders and operating a gold-backed token suggests Tether is building in-house expertise that may influence tokenized gold market structure and liquidity mechanics around XAUT. source: Bloomberg; Tether Gold product page Participants should track Tether’s official disclosures for operational details and any changes to gold-related products or market-making activity that could affect XAUT trading conditions. source: Tether official communications

According to @paoloardoino, Tether Gold XAUT is the new gold standard. Source: X post by @paoloardoino dated Nov 9, 2025. He referenced a Token Terminal post in the same message, indicating an emphasis on XAUT’s on-chain presence and visibility to market participants. Source: link included in the X post by @paoloardoino dated Nov 9, 2025. No quantitative details on issuance, reserves, redemptions, or policy changes were disclosed in the post, so traders should treat this as a sentiment signal rather than a fundamental update. Source: X post by @paoloardoino dated Nov 9, 2025. For trade setup, XAUT generally tracks spot gold because it represents ownership rights to physical gold as described by Tether’s product materials; monitor the XAUT versus XAUUSD basis and exchange spreads for dislocations following issuer statements. Source: Tether Gold product documentation; X post by @paoloardoino dated Nov 9, 2025.

According to Tether, Tether Gold XAUT has surpassed $2 billion in value amid rising gold prices as announced on October 28, 2025, source: Tether. Tether stated this milestone reinforces its leadership in tokenized real-world assets, highlighting XAUT’s scale within on-chain gold markets, source: Tether. Traders tracking tokenized commodities can reference the official Tether announcement for details on the product and its current size, source: Tether.

According to @cz_binance, tokenized gold is a custodian promise rather than native on-chain settlement, which helps explain why gold tokens have not achieved broad adoption. Source: https://twitter.com/cz_binance/status/1981246936117084282 For trading, leading gold tokens such as PAXG and XAUT represent claims on vaulted bullion governed by issuer custody and redemption terms, so counterparty and redemption risks should be reflected in pricing, collateral haircuts, and basis management versus spot gold. Source: https://paxos.com/paxgold/ and https://tether.to/en/xaut/ Issuer documentation specifies that PAXG represents allocated London Good Delivery bars with specified fees and redemption conditions, while XAUT is backed by physical gold in Swiss vaults with minimum redemption sizes and KYC requirements, directly affecting liquidity and settlement timelines across CEX and DeFi. Source: https://paxos.com/paxgold/ and https://tether.to/en/xaut/ Traders should monitor token supply, market cap, and exchange volumes before sizing positions or using these tokens as collateral, and adjust slippage and funding assumptions accordingly. Source: https://www.coingecko.com/en/coins/pax-gold and https://www.coingecko.com/en/coins/tether-gold

According to the source, economist Peter Schiff said on CounterParty TV that if he had bought Bitcoin when he first heard about it, it would have been the most profitable trade of his career and, in hindsight, he should have done so, source: CounterParty TV on X, Oct 23, 2025. He also stated that most investors will ultimately lose money on Bitcoin, underscoring his bearish stance on BTC, source: CounterParty TV on X, Oct 23, 2025. Schiff announced a tokenized gold platform and a new neobank enabling payments in gold via a debit card that automatically sells gold at settlement, source: CounterParty TV on X, Oct 23, 2025. He added the service will offer gold‑denominated accounts and payment tools, source: CounterParty TV on X, Oct 23, 2025.

According to @santimentfeed, the fastest-rising crypto social keywords are gold, market, btc, TEM, and friday, and these narratives are currently driving market conversations, source: Santiment. Gold is trending on its safe-haven strength and a historic market capitalization surpassing $30 trillion, with discourse centering on comparisons to Bitcoin and other cryptocurrencies, tokenized-gold market cap growth, ETF flows, store-of-value and inflation-hedge use cases, and India retail demand, source: Santiment. Market is surging in mentions amid talk of bear-market conditions, gold’s $30 trillion landmark, Bitcoin’s price moves and potential valuation relative to gold, macro factors such as inflation and government policies, and crypto metrics including market caps, trading volumes, liquidations, and the Fear & Greed Index, source: Santiment. BTC is prominently discussed versus gold, highlighting price dynamics, volatility, investment strategies, ETF inflows, and the digital-gold narrative within the crypto market, source: Santiment. TEM is trending as MotoFi’s real-world-asset lending ecosystem uses AI-based motorcycle valuation and on-chain transactions, with the TEM token powering fee discounts, rewards, governance, data trust, staking, trade-to-earn, and gamified features, alongside a roadmap for NFTs, sports prediction, offline payments, and e-commerce, source: Santiment. Friday appears frequently in social greetings and as a time anchor for Ethereum price predictions, market updates, and scheduled events that frame weekly crypto activity, source: Santiment. Traders monitoring these social-volume spikes can track narrative momentum across gold vs BTC, ETF flow headlines, tokenized-gold adoption, and RWA themes like TEM that Santiment identifies as driving market attention, source: Santiment.

According to @ai_9684xtpa, Ethereum wallet 0x5FefAFEdD49a6099572f24747338193d8864A838 accumulated $12.02 million in tokenized gold over the past three weeks and shows a cumulative profit of $1.147 million, source: @ai_9684xtpa on X posted Oct 17, 2025 x.com/ai_9684xtpa/status/1978992786784555484. The PAXG position was built three weeks ago at an average entry of $3,828.93 and was deposited to Binance two hours ago at $4,426.52; if sold at that level the profit would be about $597,000, source: @ai_9684xtpa on X x.com/ai_9684xtpa/status/1978992786784555484. The XAUt position was accumulated at a $4,095.88 average over the past three weeks and currently shows an unrealized gain of about $550,000, source: @ai_9684xtpa on X x.com/ai_9684xtpa/status/1978992786784555484. Wallet details can be reviewed on Arkham at intel.arkm.com/explorer/address/0x5FefAFEdD49a6099572f24747338193d8864A838, source: Arkham intel.arkm.com/explorer/address/0x5FefAFEdD49a6099572f24747338193d8864A838. Based on the reported prices, the implied PAXG return is approximately 15.6 percent and the XAUt return is approximately 8.1 percent, calculated from @ai_9684xtpa data, source: @ai_9684xtpa on X x.com/ai_9684xtpa/status/1978992786784555484.

According to Paolo Ardoino, central banks are buying large quantities of gold while XAUT adoption and demand are growing, indicating real-time momentum in tokenized gold markets (source: Paolo Ardoino on X, Oct 15, 2025). For traders, Ardoino’s statement highlights XAUT as an on-chain vehicle for gold exposure and a market to watch for liquidity and price action aligned with gold flows (source: Paolo Ardoino on X, Oct 15, 2025).

According to the source, Antalpha led a $150 million financing to launch Aurelion Treasury. According to the source, Aurelion Treasury will be the first Nasdaq-listed company to hold its reserves entirely in Tether Gold XAUT, directly linking a listed U.S. balance sheet to a crypto gold asset. According to the source, the $150 million reserve base in XAUT is the defining feature of the launch and listing structure.

According to @GracyBitget, the price of Gold/XAUT just moved above $4,000 on Oct 8, 2025, marking a fresh breakout level for traders to monitor. According to @GracyBitget, she also consulted the AI tool GetAgent for a forecast related to this move, underscoring active use of AI-driven signals around XAUT. According to Tether, XAUT is a tokenized representation of gold within the crypto market, making the $4,000 print a key reference level for tokenized-gold liquidity and execution. Based on @GracyBitget’s update, traders can use $4,000 as an immediate pivot for breakout-confirmation or pullback setups with defined risk around the reported level.

According to the source, tokenized gold’s total market capitalization reached a record 3.02 billion dollars, setting a new all-time high for on-chain gold assets (source: X post dated Oct 7, 2025). Traders can use this record level as a momentum and liquidity reference for PAXG and XAUT pairs across centralized and decentralized venues, as the update highlights peak capitalization in the segment (source: X post dated Oct 7, 2025).