Circle and Bybit deepen USDC partnership as stablecoin nears $80B
Bybit plans deeper USDC adoption for trading and payments, with the stablecoin “already embedded” across its ecosystem.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bybit plans deeper USDC adoption for trading and payments, with the stablecoin “already embedded” across its ecosystem.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a manag...
Stablecoin Payments Reach $482 Billion As Token Supply Barely Grows
A new payments dataset offers a useful correction to the idea that stablecoin growth must be measured by how many tokens are in ci...
Stablecoin Growth Cooled as Deposit Rates Rose, With USDC Most Exposed, Working Paper Says
When U.S. banks paid savers more, stablecoins grew more slowly, according to a Bank for International Settlements working paper pu...
Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say
A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Ci...
Circle and Proof demo AI agents that verify identity and pay in USDC at Money20/20
The integration of identity verification and payment in AI agents could streamline transactions, reduce data liability, and influe...
Circle mints approximately 3.75 billion USDC on Solana in the last week
The increased USDC minting on Solana enhances liquidity, potentially boosting Solana's market demand and influencing future price...