Bybit and Circle Team Up to Expand Global USDC Access

Published at 2025-12-08 12:45:10

On December 8, 2025, Bybit said it has entered a strategic partnership with Circle aimed at boosting USDC liquidity and making the stablecoin more accessible across its global user base. The UAE-licensed exchange framed the deal as a way to combine Circle’s stablecoin infrastructure with Bybit’s trading and custody capabilities to support compliant digital asset services.

The collaboration signals a push toward deeper stablecoin integration in regions seeking clearer regulatory frameworks and reliable on-ramps. By improving liquidity and market access, the partnership could reduce slippage for traders, open new corridors for payments and remittances, and help institutions use USDC in regulated environments. Both firms emphasized compliance and operational coordination as central to the initiative, positioning the tie-up as a practical step toward wider, regulation-friendly USDC adoption.

Share on:

Related news

Circle Defends USDC Freezes Following $270M Drift Protocol Hack

Circle’s CEO defended the company’s authority to freeze USDC after the $270 million Drift Protocol exploit and urged faster legal frameworks to enable rapid, lawful responses to crypto hacks.

Published at 2026-04-10 12:45:08
Circle Unveils Arc Fintech Starter for Multichain USDC Treasury Management

Circle has released Arc Fintech Starter, an open-source toolkit that helps developers build cross-chain USDC treasury solutions with automated bridging and unified payout controls. The move targets fintechs and web3 firms looking to simplify multichain cash management.

Published at 2026-04-10 12:30:07
Russia to Ban Cash-for-Crypto Trades, Require Bank-Mediated Transactions

Russia will prohibit cash-for-crypto transactions and require trades to go through cashless, bank-mediated channels, a senior central bank official said. The measure is meant to increase oversight of crypto-related flows and clamp down on informal peer-to-peer markets.

Kraken's Federal Reserve master account raises U.S. financial risk concerns

Kraken has secured a master account with the Federal Reserve, but the risk-mitigation conditions tied to the account — and similar approvals that may follow — could introduce new vulnerabilities in the U.S. financial system.

HSBC, Standard Chartered Secure Hong Kong's First Stablecoin Licenses

The Hong Kong Monetary Authority has granted HSBC and Standard Chartered Group the first licenses under the territory’s Stablecoins Ordinance, which took effect in August 2025. The approvals mark a regulatory milestone that could accelerate bank-led stablecoin activity in the region.