"We're not just expanding-we're investing in India's Web3 future"

As crypto exchanges scale globally amid regulatory uncertainty, Bitget is charting a growth path rooted in resilience, innovation, and transparency.

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At the operational helm is Vugar Usi Zade, Bitget's dynamic Chief Operating Officer and a seasoned Web3 strategist with deep cross-industry experience spanning Facebook, Coca-Cola, and Bain & Company.

In this exclusive conversation, Vugar shares insights into Bitget's AI-integrated product roadmap, the platform's cyber resilience strategy, and how stablecoin regulation in the U.S. could shape the future of dollar dominance in India and Southeast Asia. He also discusses Bitget's India expansion journey, their $694M protection fund, and why proof-of-reserves and ethical decentralization are the new cornerstones of user trust in the global crypto ecosystem.

Recently you mentioned that U.S. stablecoin regulation is a chance to cement dollar dominance. How critical is this shift for shaping global adoption—especially in fast-growing markets like India and Southeast Asia?

If we talk about the stablecoin market cap, it currently stands at roughly about $240 billion. We are talking about a substantial market size which exists without proper regulation. The primary use of stablecoins is to transfer value to any part of the globe over a secure blockchain network. Total transfer volume, meanwhile, hit $27.6 trillion last year, surpassing the combined volume of Visa and Mastercard transactions in 2024.