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Bybit to support XAUT deposits and withdrawals on Mantle
19 January 2026 UAE
Reporter: Zarah Choudhary

Generic business image for news article
Image: jinna/stock.adobe.com
Bybit, a global cryptocurrency exchange, has announced the upcoming support for Tether’s XAUT deposits and withdrawals on Mantle.

The firm says this expands user access to tokenised gold while strengthening cross-chain asset functionality across the Mantle ecosystem.

XAUT is a tokenised representation of physical gold issued by Tether, a stablecoin issuer, with each token backed 1:1 by one troy ounce of gold held in secure vaults.

With this deployment, Mantle integrates XAUT as part of its growing real-world asset (RWA) ecosystem, while Bybit enables on and off-ramps for users to manage gold-backed digital assets more efficiently.

The firm additionally says Mantle's integration of XAUT aligns with its long-term strategy to become a leading execution and distribution layer for real-world assets.

As investor interest increasingly shifts toward yield-bearing and asset-backed instruments, Mantle aims to provide the infrastructure that allows RWAs to move seamlessly across DeFi protocols, vaults, and structured products.

Joshua Cheong, head of product of Mantle, says: “Real-world assets are a core focus for Mantle, particularly assets with proven global demand and long-term value.

“Gold's strong performance in recent years reinforces the case for tokenised exposure, and integrating XAUT allows us to support that demand across DeFi, vaults, and structured on-chain products with lower costs and greater efficiency.”
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