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    Stablecoins beyond USDT: Exploring the potential of XAUT and newcomers USDQ & USDR

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    May 27, 2025
    4 min read
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    This post is written by Mazurka Zeng. Mazurka is the Head of Fiat at Bybit.

    Stablecoins have become a cornerstone of the digital asset ecosystem, providing a crucial bridge between fiat currencies and the crypto world. 

    As Head of Fiat at Bybit, I've seen firsthand how user needs are diversifying, pushing innovation beyond traditional fiat-pegged stablecoins.

    Exponential growth in the stablecoin sector

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