Bybit Announces the Launch of Lombard Collateralized Bitcoin (LBTC) Spot Trading

Odaily Planet Daily News: Bybit announced that it will launch Lombard-collateralized Bitcoin (LBTC) spot trading on September 18, with the trading pair being LBTC/USDT.

As an institutional-grade yield-generating Bitcoin product, LBTC is fully backed by BTC and secured by a decentralized alliance of 14 leading digital asset institutions. It currently holds 60% of the Bitcoin liquidity staking token market and is the largest project in this field.