Circle and cryptocurrency exchange Bybit have entered a deeper phase of collaboration as both firms move to expand USDC’s reach across global markets.
The companies said the partnership reflects rising demand for regulated stablecoins and clearer liquidity pathways. They noted that users now look for faster settlement and stronger compliance within digital asset ecosystems.
The announcement arrives as USDC records one of its strongest years of market expansion.
Broader access to USDC across Bybit’s trading infrastructure
Bybit said it partnered with an affiliate of Circle to expand USDC access across its spot markets, derivatives platforms, and payment channels.
The exchange stated that the continued integration will strengthen system stability and improve how users trade, store, and move the stablecoin.
Executives added that the collaboration will support predictable liquidity and a consistent experience across several products.
Representatives explained that enhancing fiat conversion is a priority, as both firms work to improve on-ramps and off-ramps. They said the effort aims to streamline user movement between fiat and USDC.
Bybit noted that higher liquidity quality will play a central role as stablecoins continue to influence everyday trading flows. The companies also plan to expand cross-chain support so USDC operates across more networks with improved reliability.
Circle’s regulatory framework under MiCA gives the partnership an advantage in the EEA, according to the firms. They said the region presents meaningful opportunities for stablecoin growth because regulators prioritise transparent digital asset infrastructure.
Partnership builds on years of USDC expansion
Bybit explained that USDC has been part of its ecosystem for several years.
The exchange rolled out early spot and perpetual pairs before expanding the stablecoin into savings tools, institutional settlement products, conversion systems, and fiat payment channels.
Officials said the new phase of collaboration strengthens the underlying infrastructure that supports faster settlement and broader use cases.
Circle’s spokesperson added that USDC’s strong market performance supports deeper integration.
The stablecoin’s market cap increased 77% since January, rising from about $44 billion to $78 billion.
The surge followed Circle’s growing engagement with traditional finance, including partnerships with Deutsche Börse and Mastercard.
The companies acknowledged rising sector competition as Tether expanded its supply from $137 billion to $185.6 billion this year.
Bybit said it continues to support multiple stablecoins and emphasised user choice as it updates systems for global markets.