Tokenized gold XAU₮ welcomes new application scenarios in the Mantle ecosystem

YieldWhisperer · 2026-01-19T12:40:10+00:00

A certain exchange announced that it will support deposit and withdrawal functions for XAU₮ (Tether Gold) on the Mantle network, allowing users to trade tokenized gold more conveniently. XAU₮ is backed by real gold, and Mantle's Layer-2 solution reduces transaction costs and improves efficiency. Users can also lend, borrow, and generate yields within DeFi protocols, enhancing the liquidity and financial applications of tokenized gold.

YieldWhisperer

2026-01-19 12:40:10

Abstract generation in progress

【Crypto World】An official from a certain exchange announced plans to support deposit and withdrawal functions for XAU₮ (Tether Gold) on the Mantle network. What does this mean? Simply put, users now have a more convenient channel to trade tokenized gold.

XAU₮ is issued by Tether, with each one backed 1:1 by one troy ounce of physical gold, serving as a compliant solution for on-chain gold assets. Mantle, as a Layer-2 scaling solution, significantly reduces transaction costs and accelerates settlement speeds through optimized architecture design—precisely addressing the high costs and low efficiency of operating such assets on the main chain.

More interestingly, within the Mantle ecosystem, users can not only trade XAU₮ but also engage in lending, borrowing, or yield-generating activities across various DeFi protocols. In other words, tokenized gold has evolved from a simple holding asset into a liquid, interest-bearing financial instrument. For users looking to allocate risk-hedging assets within the crypto ecosystem, this undoubtedly opens up new possibilities.

XAUT1,41%

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failed_dev_successful_ape

· 6h ago

黄金上链还能生息？这才是玩法，主链费用真的离谱了

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gas_fee_therapist

· 6h ago

Oh my God, finally someone is working on gold liquidity. It was just a dead asset lying around before, now can it generate interest?

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0xOverleveraged

· 6h ago

Putting gold on the chain is indeed a direction, but the real highlight is whether an ecosystem can emerge... Mantle has been taking frequent actions, but I'm worried that no one will use it later on.

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ForumLurker

· 6h ago

Speaking of gold going on the chain, it's really getting more competitive. Mantle's fee optimization truly hits the pain point.

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AirdropHustler

· 6h ago

Gold on the blockchain is really here, and it would be great if the gas fees could be a bit cheaper.

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UncleLiquidation