Bybit to support XAUT deposits and withdrawals on Mantle
19 January 2026 UAE
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.”
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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