Bybit’s XDC Integration Signals Growing Demand for Low-Cost Stablecoin Settlement

Bybit, the world’s second largest crypto exchange by trading volume, has enabled USD coin deposits and withdrawals on XDC Network with zero gas fees. The exchange launched a $200,000 USDC promotion for new users. Using Token Terminal analytics, we found that USDC is one of the two fastest growing stablecoin networks worldwide, with an increase in volume for total deployments growing by more than 91% in less than 30 days.

Strategic Partnership with Circle to Increase USDC Integration

Bybit integrated with XDC days after announcing a comprehensive strategic cooperation with Circle Internet Group, a US dollar stable currency issuer. The agreement aims to improve spot and derivatives market liquidity by elevating USDC’s prominence within Bybit’s ecosystem. USDC integration will also grow into Bybit Earn, the cashback rewards card, and Bybit Pay for regular transactions.

According to Ben Zhou, the Co-founder and CEO of Bybit, this partnership is an important step toward achieving Bybit’s goal of creating an efficient, fully regulated, and accessible trading environment. This alliance meets a growing need among institutional investors for adaptable fiat currency trading techniques. It gives an alternative to USDT from Tether.

Why XDC Network is Attractive to Stablecoin Liquidity

The XDC Network has become one of the best infrastructure stories within the crypto industry. Built as an enterprise-grade and EVM compatible Layer-1 blockchain, XDC has been initially designed to revolutionize Grade-1 trade finance through tokenization of real-world assets. However, its technical characteristics have made it an ideal environment for stablecoin settlement.

Final transactions take two seconds and run for a few cents or less at this network. Online payment processors (OPC), over the counter (OTC) dealers, and companies that need to transfer many stablecoins will benefit from this network’s low fees in comparison to Ethereum’s much higher fees.

Circle has developed a Cross-Chain Transfer Protocol that allows users to easily transfer USDC between blockchains by minting and burning native assets on a 1:1 basis without using wrapped tokens or relying on third-party bridge services. This protocol is a perfect integration of XDC’s Proof-of-Stake Network and eco-friendly design concept to create the future of digital commerce.

Multi-Exchange Support Building Network Effects

Bybit joins a growing list of major centralized exchanges that are supporting native USDC on XDC Network. Platforms such as KuCoin, MEXC, Gate.io, Bitrue and Pionex have all enabled full deposits, withdrawals and trading functionality in the last few weeks. This multi-venue support causes network effects that speed up liquidity inflows and give market makers the freedom to make efficient capital movements across platforms.

The expansion comes at a critical point for XDC Network and the stablecoin sector in general. USDC circulation has boomed to about $78 billion reflecting a 108% year-over-year increase as of Q-3 2025. Meanwhile, the adoption of stablecoins is shifting into more reliable networks offering predictable costs and institutional-grade reliability as opposed to speculative appeal.

Next to the settlement of stablecoins, XDC Network has been engaging in strategic actions to establish itself in the border area between traditional finance and blockchain architecture. XDC Ventures acquired Contour, a blockchain-based trade finance platform that was launched by major banks such as HSBC, Citi and Standard Chartered in November 2025, giving XDC instant access to Tier-1 banking relationships.

Conclusion

The Bybit integration and overall Circle partnership signify the growing cryptocurrency industry that is more utility-oriented, compliant, and real-world in its use. The zero-fee USDC withdrawals go beyond being a promotional campaign as it portends that major exchanges recognize the value of XDC as infrastructure worth integrating. Execution will determine whether this can be converted into sustained adoption, but the background is being laid to ensure that XDC can have a significant role to play in the way digital value flows around the world.