Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with an affiliate of Circle Internet Group, Inc., a global fintech company and the issuer of USDC through its regulated entities.
The partnership will expand access to USDC across Bybit’s global platform, improve liquidity for the world’s largest regulated stablecoin, and reinforce Bybit’s commitment to being a transparent and regulatory-compliant exchange.
Through this partnership, Bybit will boost USDC liquidity across both spot and derivatives markets, creating a more efficient trading environment for retail and institutional users.
The companies will also launch a series of campaigns and initiatives to expand the use of USDC across Bybit’s products and services.
The partnership will also cover fiat on- and off-ramp solutions, combining Circle’s infrastructure and partner network with Bybit’s global reach to simplify deposits and withdrawals in key markets.
As a result, Bybit users will enjoy faster, more transparent, and efficient conversions between local currencies and digital assets.
Bybit plans to expand USDC use across its platform, including Bybit Earn for savings, Bybit Card for cashback rewards, and Bybit Pay for everyday payments, while staying committed to compliance and responsible innovation.
Additionally, Bybit was one of the first 100+ companies to join the public testnet of Circle’s Arc network, a new blockchain built specifically for stablecoin-based finance. The Arc public testnet launched in October 2025 and has seen wide participation from financial and economic players around the world, with strong infrastructure support.
Ben Zhou, Co-founder and CEO of Bybit, said: “Bybit’s partnership with Circle represents a major milestone in our mission to offer a fully compliant, liquid, and user-friendly ecosystem. From trading to payments to savings, we are integrating USDC to power the next phase of our platform’s growth and stability.”
Jeremy Allaire, Chairman, Co-founder and CEO of Circle, added: “At Circle, we are powering the future of internet activity with enterprise-grade infrastructure and stablecoins built for scale. Together, Circle and Bybit are making it easier for retail and institutional users to access and use USDC with the confidence, transparency, and speed they expect.”
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 70 million users globally. Founded in 2018, Bybit aims to create a simpler, more open, and equal ecosystem in the decentralized world. The platform focuses on Web3 and works closely with leading blockchain protocols to provide strong infrastructure and promote on-chain innovation.
Known for its secure custody, wide range of marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi). It empowers builders, creators, and enthusiasts to fully explore and utilize the potential of Web3.
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