Coinspeaker
Dec 12, 2025
2 0

Bybit Launches BYUSDT for Tokenized Margin Trading with USDT

Dubai-based exchange Bybit has launched BYUSDT, a new token for margin trading that tokenizes USDT Flexible Easy Earn balances while generating daily yield.

  • BYUSDT allows Bybit VIP account holders to tokenize their staked USDT holdings for 1:1 margin trading.
  • Users can swap between BYUSDT and USDT Flexible Easy Earn accounts without fees, with hourly reward accruals and daily payouts.
  • The product enhances capital efficiency, allowing users to earn yields from staked USDT and engage in market trading simultaneously.

DeFi-style Margin Trading

  • BYUSDT is unique among centralized exchanges for integrating with Bybit's staking rewards program.
  • It offers more comprehensive integration than similar programs like Kraken's Rewards, which only apply to specific types of rewards.

Bybit's Focus on Stablecoins

  • Bybit is investing heavily in the stablecoin market, providing extended utility to Tether holders.
  • A strategic partnership with Circle aims to enhance USDC liquidity and integration across Bybit's services.