Circle strengthens USDC liquidity through new Bybit partnership
Circle, the publicly listed issuer of USDC, has formed a strategic partnership with crypto exchange Bybit to expand the stablecoin’s global liquidity footprint.
Announced Monday, the collaboration aims to boost USDC accessibility across Bybit’s ecosystem and reinforce the exchange’s positioning as a regulatory-compliant trading venue, reports Cointelegraph.
Bybit described the partnership as a step toward building deeper liquidity pools for USDC, the world’s largest regulated dollar stablecoin. USDC’s market cap has surged to nearly $80 billion, its highest level ever, underscoring renewed institutional and retail demand. Circle and Bybit said the alliance will focus on transparency, secure infrastructure, and broader utility for the stablecoin. The move also signals how major exchanges are aligning with regulated issuers ahead of tightening global stablecoin rules.
Bybit expands USDC integration across trading and payment channels
Bybit said the partnership will deepen USDC integration across its spot markets, derivatives platforms, institutional settlement channels, and payment rails. According to a company spokesperson, the exchange is coordinating with Circle to enhance liquidity provisioning, improve fiat on- and off-ramps, and broaden cross-chain transfer capacity. Bybit added that this collaboration is particularly strategic in the European Economic Area, where Circle holds strong regulatory footing under MiCA.
The exchange has supported USDC for several years, progressively incorporating it into trading pairs, yield products, conversion tools, and payment systems. Bybit said the reinforced partnership will deliver faster settlement options and more stable liquidity for users worldwide. The company emphasized that the partnership reflects a commitment to compliance rather than exclusivity, as it continues offering multiple stablecoin choices.
USDC’s rapid growth accelerates as Circle pushes deeper into TradFi
The partnership concludes a year of aggressive expansion for USDC, which has nearly doubled its market capitalization since January. Data from CoinGecko shows USDC rising from $44 billion to $78 billion year-to-date, outperforming the pace of growth seen by Tether, which climbed from $137 billion to $186 billion. Circle’s rise has been supported by new integrations with traditional financial giants, including Deutsche Börse and Mastercard.
Analysts say the growth reflects increasing institutional preference for regulated stablecoins ahead of evolving oversight in Europe and the United States. Bybit echoed this sentiment, noting that regulatory clarity and transparent reserve structures are becoming central to stablecoin adoption. With the new partnership, both companies aim to position USDC as a default settlement layer for exchanges, institutional desks, and cross-border payments.
Recently we wrote that Coinbase is officially returning to India after a year-long regulatory freeze, reopening sign-ups and restoring crypto-to-crypto trading for local users.
Latest Bybit News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
