Trading Secrets 08-12-2025 14:24 1 Views

Bybit, Circle Internet Group partner to expand USDC access

Bybit has entered a strategic partnership with an affiliate of Circle Internet Group, the issuer of USDC, in a move aimed at expanding access to the stablecoin and strengthening its role across the exchange’s global ecosystem.

The collaboration comes at a time when USDC’s market presence is rising, and demand for regulated, transparent digital dollars continues to accelerate worldwide.

USDC is quickly approaching an $80 billion market cap, nearly doubling its size since early 2025 and highlighting rising interest in compliant stablecoins, especially as more traditional finance firms adopt blockchain-based settlement rails.

USDC push gains momentum

According to both companies, the integration is designed to support USDC’s expanding role as one of the world’s largest regulated stablecoins, backed by fully reserved assets and supported by consistent third-party attestations.

Following the partnership, Bybit will deepen USDC liquidity across its spot and derivatives markets, giving retail and institutional traders faster settlement, tighter spreads, and a more reliable trading environment.

Bybit has worked with USDC for several years, first rolling it out across spot and perpetual pairs and later integrating it into savings tools, institutional settlement features, and fiat conversion services.

The crypto exchange now plans to widen USDC’s role across its financial products, embedding it further into Bybit Earn, Bybit Card, and Bybit Pay, making the stablecoin a larger part of everyday payments, platform rewards, and user settlement workflows.

Fiat access and faster settlement

A major part of the partnership focuses on improving fiat on- and off-ramp connectivity.

Bybit will use Circle’s settlement infrastructure to streamline currency conversions and reduce delays that often slow cross-border transfers.

Users in key markets will be able to move between local currencies and digital assets with greater speed, clarity, and cost efficiency.

Notably, Circle’s global payment network has become increasingly important in remittances, merchant transactions, and institutional settlements.

With recent integrations across Europe, the Middle East, Africa, and Latin America, the company is expanding the reach of regulated stablecoins as a tool for modern payments.

Bybit joins this effort as one of more than a hundred companies participating in the public testnet of Arc, Circle’s new layer-1 blockchain built specifically for stablecoin-native finance.

Arc’s design focuses on compliance, transparency, and scalable financial architecture, and Bybit’s involvement signals its intention to operate within emerging standards that emphasise safety and regulatory clarity.

Regulatory compliance strengthens the partnership

Bybit’s growing regulatory footprint also supports the new partnership.

The exchange recently secured a full Virtual Asset Platform Operator license from the UAE’s Securities and Commodities Authority, giving it a strong position in one of the fastest-growing digital-asset regions.

It has also expanded its oversight in the European Economic Area, Turkey, and several additional markets.

Leaders from both companies said the partnership reflects a shared aim to deliver stable and compliant tools for global users.

Bybit CEO Ben Zhou noted that integrating USDC across trading, savings, and payment services marks an important step in the platform’s growth strategy.

Circle CEO Jeremy Allaire added that the two firms are building the infrastructure needed for fast, transparent, and scalable digital transactions.

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