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Bybit crypto derivatives exchangeannounced a partnership with Circle. According to the parties, Bybit will deploy spot USDC pairs, as well as offer additional integrations for clients.
In accordance with the agreement, Bybit will expandlist of spot pairs, including USDC. The exchange declares its readiness to support customer awareness of USDC and related products, as well as to facilitate conversion transactions between US dollars and USDC.
Circle, for its part, pledges to make every effort to help accelerate Bybit's growth as a gateway for retail and institutional USD-settled products.
According to the parties, the study of possibilitiesThe expanded collaboration between Bybit and Circle began immediately after Bybit introduced USDC Options, becoming the first stablecoin margined options contract on the market.
“After the success of the first experiments with USDC there wasIt makes sense to continue our working relationship with Circle, which has a reputation for openness and integrity in its services and development of cutting-edge financial technologies,” explained Bybit co-founder and CEO Ben Zhou.
Earlier the Bybit cryptocurrency exchange reported
about readiness to list fan tokens of leading European football clubs Paris Saint-Germain, Barcelona, Juventus, Milan, Inter, Arsenal and Manchester City.
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