Ben Zhao, the CEO of Bybit, asserted that the development marks a key milestone in the provision of a user-friendly, liquid, and compliant ecosystem.Ben Zhao, the CEO of Bybit, asserted that the development marks a key milestone in the provision of a user-friendly, liquid, and compliant ecosystem.

Bybit Joins Circle to Accelerate $USDC Liquidity and Adoption Across Globe

2025/12/09 07:00
usdc main

Bybit, a renowned crypto exchange, has collaborated with Circle, a popular crypto platform behind the $USDC stablecoin. The partnership attempts to increase the liquidity and worldwide adoption of $USDC. As per Bybit’s official press release, the collaboration aims to improve the consumer experience within its global ecosystem. Additionally, the development stresses regulatory compliance, promotion of responsible adoption of digital assets, and transparency.

Bybit and Circle Partner to Offer Seamless Off- and On-Ramps with $USDC

In partnership with Circle, Bybit focuses on increasing $USDC’s liquidity and worldwide adoption. This initiative is anticipated to elevate trust in stablecoins, apart from enabling seamless transfers and financial innovation to benefit institutional and retail users. The collaboration also takes into account diverse initiatives to improve $USDC’s real-world use cases. They include day-to-day transfers via Bybit Pay, Bybit Earn-based savings products, and cashback rewards through Bybit Card.

At the same time, by integrating the infrastructure of Circle, Bybit is simplifying fiat off- and on-ramps. This permits consumers across diverse areas to convert regional currencies into crypto assets with robust speed, efficiency, and transparency. Additionally, the Bybit’s integration fortifies Circle’s Arc, an L1 blockchain for stablecoin finance. Simultaneously, the collaboration places both entities in the leading position when it comes to stablecoin integration with cutting-edge decentralized solutions and financial products.

Enhancing $USDC’s Accessibility, Speed, and Compliance

According to Bybit, the collaboration with Cicle prioritizes regulatory compliance. Additionally, Ben Zhao, the CEO of Bybit, asserted that the development marks a key milestone in the provision of a user-friendly, liquid, and compliant ecosystem. Moreover, Jeremy Allaire, Circle’s CEO, emphasized that the move will streamline user access to $USDC with transparency, speed, and confidence. Overall, the partnership underscores the growing stablecoin integration into the worldwide digital economy.

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UK crypto holders brace for FCA’s expanded regulatory reach

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The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
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