Tether Gold said at 18:00 Beijing time on August 19 that XAUt had officially launched on Unitas Labs, completing the integration and marking what it described as the first native yield capability for on-chain gold. Users deposit XAUt and receive XGLD at a 1:1 ratio. Within the protocol, XAUt remains collateral while stablecoins are borrowed through leading centralized exchanges or compliant lending parties and invested in delta-neutral strategies to seek funding-rate returns. The gold allocation does not change; the arrangement adds yield attributes without mandatory lock-up. When users exit, XGLD is destroyed through the Redemption Contract so they can retrieve XAUt. Tether Gold describes XAUt as the most liquid tokenized gold asset, with each token backed 1:1 by physical gold held in Swiss vaults. Unitas Labs is an on-chain asset-management protocol deployed on BNB Chain that focuses on yield-layer infrastructure for physical assets. The integration represents a step for tokenized gold from on-chain holding toward on-chain financial applications.