Bybit and Circle have reached a strategic partnership to comprehensively strengthen the global compliance ecosystem of USDC

Bybit today announced a strategic partnership with USDC issuer Circle to jointly promote the compliance and deep integration of the stablecoin USDC in the global market. The cooperation includes: enhancing the liquidity of USDC in Bybit's spot, futures, and payment products; improving the efficiency of fiat deposits and withdrawals; and exploring more cross-chain liquidity and institutional-level financial solutions. At the same time, Bybit has also joined the Circle Arc public test network, further participating in the construction of stablecoin financial infrastructure.

Bybit co-founder and CEO Ben Zhou stated:

"Partnering with Circle is an important milestone for Bybit in building a globally compliant, transparent, and scalable ecosystem. Whether in trading, payments, or wealth management, USDC will provide solid momentum for Bybit's next phase of growth."

Circle co-founder and CEO Jeremy Allaire stated:

"Circle is committed to building a globally compliant stablecoin infrastructure. The collaboration with Bybit will further enhance the speed, transparency, and trust for global users using USDC."

As Bybit has successively obtained the complete VAPO license in the UAE and continues to expand regulatory coverage in markets such as the EEA and Turkey, this partnership with Circle marks another key milestone in Bybit's global compliance strategy.