Wu Shuo learned that the yield-bearing stablecoin protocol Unitas Labs announced that the yield-bearing gold asset xGLD will go live on June 3, backed by Tether Gold (XAUt), and generate returns through Unitas strategies. Previously in March, Unitas Labs announced that it had completed a $13.33 million seed round, with participation from Awaken Finance, Amber Group, and others.

XAUT-1.38%
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