The concept of tokenized gold is moving in the right direction with the official release of XAUT, the gold-backed digital asset by Tether Gold, on the Mantle networkThe concept of tokenized gold is moving in the right direction with the official release of XAUT, the gold-backed digital asset by Tether Gold, on the Mantle network

Tether Gold Comes to Mantle as Bybit Enables XAUT Deposits and Withdrawals

2026/01/20 11:00
4 min read
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The concept of tokenized gold is moving in the right direction with the official release of XAUT, the gold-backed digital asset by Tether Gold, on the Mantle network. This growth is backed by crypto exchange Bybit, which has indicated complete deposits and withdrawals of XAUT on Mantle and has provided a new avenue for XAUT users to gain physical access to gold via high-performance blockchain architecture.

The integration is a significant milestone in the real-world assets to onchain integration, which means that the stability of gold is combined with the low-cost, high-throughput Layer 2 environment of Mantle. It is also a step towards solidifying Mantle between traditional finance and decentralized liquidity.

Bybit Enables XAUT Transfers on Mantle

Bybit affirmed that it would be able to accept XAUT deposits and withdrawals on Mantle starting January 20, 2026, with transfers commencing at 10:00 UTC. During a special period, users will receive no withdrawal fee in transfers of XAUT Mantle, which will make the network more economical than the Ethereum mainnet.

Through this update, Bybit users will be able to transfer tokenized gold between Mantle infrastructure without making use of costlier Layer 1 transactions. The integration was described in the exchange as a part of its wider initiative to expand access to tokenized real world assets and its cross chain efficiency.

What XAUT Represents Onchain

XAU is an electronic currency (token) that is issued by Tether Gold, and each unit is guaranteed to be equivalent to 1 troy ounce of physical gold held in secure vaults. XAUT ownership presents a direct exposure to gold without involving the logistical problems that come with holding or transporting gold.

With the implementation of XAUT on Mantle, the tokenized gold obtains the attributes commonly known to crypto-native assets, namely, more rapid settlement, integrability with decentralised applications, and the ability to integrate smoothly with onchain financial systems.

Lower Fees and Faster Finality

The transaction cost reduction is one of the most important benefits of XAUM on Mantle. Additionally, the Layer 2 architecture designed by Mantle, based on the OP Stack, allows considerably reduced fees in relation tothe Ethereum mainnet at a high level of security assurances.

Ethereum to Mantle transfers are approximated to be between three minutes and withdrawals to Ethereum are estimated at about twelve hours. This configuration allows the user to have flexibility in their liquidity and settlement requirements and yet enjoy the benefits of the efficiency of the Mantle execution layer.

DeFi Access Without Sacrificing Stability

Launching XAUT on Mantle enables users to engage with decentralized financial protocols with the exposure of gold, one of the oldest and surest stores of value in the world. This stability and composability are a trend in the RWA industry, whereby more traditional assets are being incorporated into DeFi.

Mantle stressed that this integration can be used to transfer gold-backed assets between onchain applications in a seamless way to enable users to explore yield opportunities and liquidity provisioning and other DeFi applications without moving out of defensive asset positions.

Strengthening Mantle’s RWA Vision

According to Mantle XAUT implementation was part of its larger program named RWAvultion, to ensure that real-world finance functions effectively onchain and at scale. Mantle is building itself as a central infrastructure layer of facilitating TradFi assets into decentralized liquidity by supporting vault-backed gold with direct exchange integration.

The network pointed to the fact that XAUT on Mantle is a viable demonstration of how RWAs are expected to operate onchain, with a mix of transparency, efficiency, and real economic support.

A Broader Shift Toward Onchain Real-World Assets

Introduction of XAUT to Mantle is indicative of a broader industry trend of tokenizing offline assets and integrating them with blockchain ecosystems. With users in need of stability and onchain flexibility, the assets such as gold are being redesigned using crypto native infrastructure.

XAUT on Mantle, backed by Bybit, is now operational, and the integration of value and decentralized technology is an interesting idea of what lies ahead in the second wave of digital finance.

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