DUBAI, UAE, Sept. 11, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, in the present day introduced the itemizing of StraitsX USD (XUSD) on its platform alongside the launch of XUSD HODLverse, a brand new marketing campaign providing customers the chance to share a complete of 60,000 XUSD in rewards by holding Mantle (MNT) or XUSD.
The occasion runs from Sept. 10, 2025, at 10 a.m. UTC by Sept. 16, 2025, at 11:59 p.m. UTC. The marketing campaign will allocate 35,000 XUSD to MNT holders and 25,000 XUSD to XUSD holders.
Customers can get rewards by holding MNT or XUSD within the Bybit account through the occasion. Rewards can be calculated from every day snapshots of members’ balances taken at random occasions through the marketing campaign interval. Allocations can be based mostly on the proportion of every person’s holdings relative to the full quantity held by all eligible members.
The launch of the marketing campaign follows Bybit’s itemizing of StraitsX USD (XUSD) on its Spot buying and selling platform, with the XUSD/USDT pair made accessible within the Major Buying and selling Zone on Sept. 10, 2025.
XUSD, issued beneath the Financial Authority of Singapore’s Single Foreign money Stablecoin Framework, is a completely backed USD stablecoin that has already surpassed $1.5 billion in on-chain transactions, underscoring its rising adoption in international funds and digital finance.
As a part of the StraitsX stablecoin suite—which additionally consists of XSGD and XIDR—XUSD is designed to advance digital funds, drive real-world utility, and supply builders with a trusted infrastructure for constructing blockchain options. Its regulatory assurance, authorities recognition by initiatives akin to Undertaking Orchid, and regional presence throughout APAC, MENA, and Latin America make it a singular participant within the international stablecoin market.
Danger warning: Cryptocurrency buying and selling includes important threat and should consequence within the lack of your invested capital. You need to be sure that you totally perceive the dangers concerned and think about your stage of expertise, funding aims, and search unbiased monetary recommendation if crucial. Bybit doesn’t settle for any legal responsibility or duty for any losses ensuing from buying and selling on our platform.
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About Bybit
Bybit is the world’s second-largest cryptocurrency change by buying and selling quantity, serving a worldwide group of over 70 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a robust deal with Web3, Bybit companions strategically with main blockchain protocols to supply strong infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive person expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and lovers to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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