Bybit has further expanded its multi-chain stablecoin infrastructure by officially launching native USD Coin (USDC) support on the Aptos blockchain.
Bybit Launches Native USDC Support on Aptos Network
According to the announcement, users will be able to start depositing USDC into Aptos starting at 13:00 on May 26, with withdrawals opening at 13:00 on May 29.
Aptos joins the growing list of blockchain networks that support native USDC issuance, including Ethereum, Solana, Avalanche, and others.
Native issuance allows for faster and more efficient transactions without the need for bridging, which is a big step for users looking for seamless stablecoin transfers between ecosystems.
The integration reflects Bybit’s commitment to supporting high-speed, low-cost blockchain infrastructure, while giving users greater flexibility in how they move and manage hard assets.
Known for its high-performance Layer 1 architecture and Move programming language, Aptos has gained momentum in recent months as developers and platforms seek alternatives to existing networks plagued by congestion and high fees.
With this launch, Bybit users will now be able to benefit from the speed and efficiency of Aptos when using USDC, the second-largest stablecoin by market cap, for trading, transfers, and other DeFi-related activities.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/bitcoin-exchange-bybit-announces-support-for-a-new-stablecoin-on-its-platform-here-are-the-details/