Circle has announced a strategic partnership with ByBit, the world’s second-largest cryptocurrency exchange by trading volume. The collaboration is designed to expand global access to the USDC stablecoin.

Under the agreement, ByBit will deepen USDC integration across spot and derivatives markets for improved liquidity and efficiency for retail and institutional traders. The exchange also plans to embed USDC into key products, including ByBit Earn (savings), ByBit Card (cashback rewards), and ByBit Pay (everyday transactions).

The partnership extends to fiat on- and off-ramp solutions, leveraging Circle's infrastructure to streamline conversions between local currencies and digital assets, offering users faster, more transparent deposits and withdrawals in major markets.

ByBit was among the early participants in the public testnet of Circle's Arc network, a Layer-1 blockchain launched in October 2025 and designed for stablecoin-native finance.

This move aligns with Bybit's growing regulatory footprint, including its recent full Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority (SCA) and expanded oversight in the European Economic Area and other regions.

Jeremy Allaire, Chairman, Co-founder, and CEO of Circle: “At Circle, we’re powering the future of internet activity with enterprise-grade infrastructure and stablecoins built for scale. Together, Circle and ByBit are making it easier for users to access and use USDC with the confidence, transparency, and speed they expect.”

Read More:
https://www.circle.com/pressroom/bybit-and-circle-forge-strategic-partnership-to-advance-global-usdc-adoption