Overview
- Bybit will deepen USDC liquidity on its spot and derivatives venues to support faster, more efficient trading for retail and institutional users.
- Circle will supply fiat on- and off-ramp infrastructure to streamline deposits and withdrawals in key markets and to broaden cross-chain support for USDC.
- USDC integration will extend across Bybit Earn for savings, Bybit Card for cashback rewards, and Bybit Pay for everyday transactions.
- Bybit highlights recent regulatory progress, including a UAE Securities and Commodities Authority Virtual Asset Platform Operator License and expanded oversight in the EEA and Turkey.
- The announcement comes as USDC’s market capitalization climbs to roughly $78–80 billion in 2025, with Circle pursuing wider exchange distribution to compete with Tether.