Bybit launches StraitsX USD (XUSD) and launches XUSD HODLverse with a reward of 60,000 XUSD

Bybit has launched StraitsX USD (XUSD) and has launched the XUSD HODLverse event with 60,000 XUSD rewards. From September 10 to 16, 2025, users holding MNT or XUSD can divide 35,000 XUSD and 25,000 XUSD respectively, with the reward calculated by daily random balance snapshots. XUSD is a Singapore-regulated dollar stablecoin that has processed over $1.5 billion in on-chain transactions.