Tether Gold (XAUt) Listed on Unitas Labs

According to a report by Jinse Finance, on August 19, Tether Gold tweeted that XAUt has officially been listed on Unitas Labs. This listing enables on-chain gold to possess native yield-generating capabilities. Users can deposit XAUt and receive XGLD on a 1:1 basis. Once XAUt enters the protocol as collateral, it is lent out as stablecoins through leading centralized exchanges or qualified compliant lenders. The stablecoins are then deployed in delta-neutral strategies to capture funding rate yields. The gold allocation remains unchanged, with only the yield-generating attribute added. Upon exit, users can destroy XGLD via the Redemption Contract to retrieve XAUt, with no mandatory lock-up period. Each XAUt of Tether Gold is backed 1:1 by physical gold stored in Swiss vaults. Unitas Labs is an on-chain asset management protocol deployed on the BNB Chain, focusing on providing yield-layer infrastructure for physical assets. Unitas Labs stated that this integration marks a critical step for tokenized gold, transitioning from "on-chain holding" to "on-chain financial applications."