Cryptocurrency exchange Bybit has announced support for native USDC on the Aptos blockchain, allowing users to trade and earn APT more effectively.
Integration of USDC on Aptos Blockchain
Bybit, the second-largest crypto exchange by trading volume, has implemented support for USDC on Aptos. This milestone marks an important step in the integration of stablecoins with fast and secure blockchains. Aptos has been recognized as one of the top platforms for stablecoin applications.
Importance of Integration for Users
According to Ash Pampati, Head of Ecosystem at Aptos Foundation, integration with exchanges such as Bybit is crucial for enhancing the accessibility of stablecoins and utilizing them in global transactions. 'The Aptos network provides the necessary infrastructure to bring stablecoins into the mainstream,' he noted. This integration also allows users to earn APT through trading and staking.
Event and Reward Information
In recognition of this integration, Bybit is launching a month-long event offering over 20,000 APT in rewards. Participants can earn APT in multiple ways, including staking and trading. There are several ways to earn rewards, such as exclusive offerings for new users and trading-related events involving APT on the platform.
The integration of USDC on Aptos strengthens Bybit's position as a key player in the cryptocurrency space and highlights the growing importance of security and transaction speed in blockchain technologies.