Bybit and Circle Form Strategic Partnership to Boost Global USDC Adoption

Key Highlights

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  Bybit forms a strategic partnership with Circle to expand global USDC access and enhance stablecoin liquidity across its platform.
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  The exchange plans broader USDC integration across trading, payments, and savings products, backed by improvements to fiat on- and off-ramp capabilities.
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  Bybit strengthens its regulatory footprint with new licenses as both firms explore deeper stablecoin and cross-chain infrastructure collaboration.

Bybit has entered into a strategic partnership with an affiliate of Circle Internet Group to expand the availability and liquidity of USDC across the exchange’s global ecosystem. The alliance strengthens the presence of the world’s largest regulated stablecoin while reinforcing Bybit’s position as a compliance-driven platform.

Expanding USDC Liquidity and Utility

Under the partnership, Bybit will increase USDC liquidity across its spot and derivatives markets to support more efficient trading for both retail and institutional users. The collaboration also includes coordinated campaigns to expand USDC utility across Bybit’s product suite.

USDC will be further integrated into Bybit Earn, Bybit Card, and Bybit Pay, widening its use across savings products, cashback rewards, and everyday payments. Both companies also plan to streamline fiat on- and off-ramp flows by combining Circle’s infrastructure with Bybit’s international reach, enabling faster and more transparent conversions between local currencies and digital assets.

Bybit is also participating in the public testnet of Circle’s Arc network, a new layer-1 blockchain designed for stablecoin-native financial activity. Arc launched in October 2025 with contributions from more than one hundred companies across finance and digital asset infrastructure.

Strengthening Regulatory Footing

The partnership comes as Bybit increases its regulatory coverage worldwide. The exchange recently secured a full Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority, marking a major step in its Middle East expansion.

Bybit has also extended regulatory oversight across the European Economic Area, Turkey, and other key markets, aligning its operations with global compliance standards. Circle continues to maintain USDC’s regulated status, with the stablecoin backed by cash and short-term U.S. Treasuries held with reputable financial institutions. Monthly independent attestations support transparency and reinforce USDC’s 1:1 redeemability with the U.S. dollar.

Strategically, Circle is focused on institutional expansion through the Arc Layer-1 testnet and the growth of the Circle Payments Network, reinforcing USDC as a regulated, liquid, asset-backed foundational component of the financial system.