Bybit and Circle establish a strategic partnership to comprehensively strengthen the global compliance ecosystem of USDC.

Odaily Planet Daily reports that Bybit today announced a strategic partnership with Circle, the issuer of USDC, to jointly promote the adoption and deep integration of the compliant stablecoin USDC in the global market. The partnership includes: improving the liquidity of USDC in Bybit's spot, futures, and payment products; enhancing the efficiency of fiat currency deposits and withdrawals; and exploring more cross-chain liquidity and institutional-grade financial solutions. Simultaneously, Bybit has also joined the Circle Arc public beta network, further participating in the construction of stablecoin financial infrastructure.

Ben Zhou, co-founder and CEO of Bybit, stated:

"The partnership with Circle is a significant milestone for Bybit in building a compliant, transparent, and scalable global ecosystem. Whether it's trading, payments, or wealth management, USDC will provide a solid foundation for Bybit's next phase of growth."

Circle co-founder and CEO Jeremy Allaire stated:

"Circle is committed to building a compliant stablecoin infrastructure for the global market. The partnership with Bybit will further enhance the speed, transparency, and trust of USDC for users worldwide."

With Bybit obtaining a full VAPO license in the UAE and continuing to expand its regulatory coverage in markets such as the EEA and Turkey, this partnership with Circle marks another key milestone in Bybit's global compliance strategy.