[Bybit Launches Bank Triparty: Support for Borrowing USDT with USD and U.S. Treasury Collateral to Enhance Institutional Capital Efficiency] Deep Tide TechFlow reports that on July 1, Bybit officially launched Bank Triparty, offering institutional clients a lending service backed by bank-custodied collateral assets. Eligible institutions can independently store collateral assets at partner banks and obtain financing without altering their existing trading strategy infrastructure. Bybit Bank Triparty currently supports USD cash and U.S. short-term Treasury bills (T-Bills) as collateral assets, allowing institutions to borrow USDT. The funds will be directly deposited into the Unified Trading Account (UTA) for use in spot, margin, perpetual, and options trading. This solution aims to enhance institutional capital efficiency by separating collateral management from trade execution.