Bybit Expands Beyond Tether for Stablecoin Activity with Circle Partnership

Monday, Dec 8, 2025 11:23 pm ET1min read

Bybit, the second-largest crypto exchange, is partnering with Circle to expand USDC's role on its platform. Bybit will widen USDC liquidity in spot and derivatives markets and integrate Circle's fiat on- and off-ramp tools. This move comes as some analysts warn that Circle's stock could feel pressure if USDC's growth slows or its market share stalls. USDC has traded almost perfectly flat over the past 24 hours, holding its dollar peg on CoinGecko.

Bybit Expands Beyond Tether for Stablecoin Activity with Circle Partnership

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