Bybit and Circle Partner to Expand Global USDC Adoption

CN
2 hours ago

UAE-licensed platform Bybit announced a strategic partnership with Circle on December 8, 2025, aimed at expanding USDC accessibility across global markets. The collaboration will enhance USDC liquidity in spot and derivatives markets, with plans to integrate the stablecoin across Bybit’s ecosystem, including Bybit Earn, Bybit Card, and Bybit Pay.

The partnership will focus on developing fiat on- and off-ramp solutions, simplifying currency conversions for users. Bybit has also joined Circle’s Arc network public testnet, demonstrating commitment to innovative blockchain infrastructure. “Bybit’s partnership with Circle represents a major milestone in our mission to offer a fully compliant, liquid, and user-friendly ecosystem,” said Ben Zhou, Bybit’s Co-founder and CEO, highlighting the strategic importance of the collaboration.

Read More: Bybit Announces $100,000 Humanitarian Aid for Sri Lanka After Cyclone Ditwah Floods

What is the primary goal of this partnership? Expand USDC adoption and enhance digital asset accessibility.

Which regulatory licenses has Bybit secured? Virtual Asset Platform Operator License from UAE’s Securities and Commodities Authority.

What platforms will integrate USDC? Bybit Earn, Bybit Card, and Bybit Pay.

Is USDC fully backed by assets? Yes, fully backed by liquid cash and cash-equivalent assets.

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