Circle and Bybit deepen USDC partnership as stablecoin nears $80B
Bybit plans deeper USDC adoption for trading and payments, with the stablecoin “already embedded” across its ecosystem.
Circle, the publicly listed issuer of one of the biggest US dollar stablecoins globally, has entered into a strategic partnership with cryptocurrency exchange Bybit.
Bybit entered into the partnership with an affiliate of Circle to expand liquidity and usability of its USDC (USDC) stablecoin, according to a joint announcement on Monday.
“The partnership aims to expand USDC access across Bybit’s global ecosystem, strengthen liquidity of the world’s largest regulated stablecoin, and reinforce Bybit’s position as a regulatory-compliant platform committed to transparency and trust,” the companies said.