Bybit supports XAU₮ for Mantle.

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Bybit will soon support XAU₮ deposits and withdrawals on the Mantle network, enabling users to trade tokenized gold with lower costs and faster speeds via Mantle's Layer-2 architecture.

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MantleLayer 2EthereumLayer 1Smart ContractsBybitXAU₮Mantle networktokenized goldDeFi

According to Foresight News , Bybit announced that it will soon support deposits and withdrawals of XAU₮ (Tether Gold) on the Mantle network, providing users with a more convenient channel for trading tokenized gold. XAU₮ is issued by Tether, with each token backed 1:1 by one troy ounce of physical gold. This integration leverages Mantle's Layer-2 architecture to achieve lower transaction costs and faster settlement speeds. Users can use XAU₮ for trading, lending, and yield generation within Mantle's DeFi protocols.

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