Bybit Pioneers USDtb Spot Trading, Offering 5% APR to Users

**Dubai, United Arab Emirates – March 6, 2025 – Chainwire**

Bybit, globally recognized as the second-largest digital currency marketplace in terms of transaction volume, has emerged as the pioneering platform to present **USDtb** on its spot marketplace. USDtb, a USD stablecoin underpinned by blockchain technology, conceived and maintained by Ethena Labs, signifies a noteworthy advancement in the progression of virtual dollars, intertwining the fluidity of stablecoins with the fortification and openness of institutional-quality U.S. Treasury holdings.

USDtb is fundamentally reinforced by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) tokens, with its complete assets maintained in monetary form, U.S. Treasury notes, alongside other short-term U.S. government liabilities. This cautious and lucid reinforcement renders USDtb an appealing avenue for financiers pursuing steadiness and yield within the virtual asset sphere.

**A New Period for Stablecoins**

Distinct from conventional stablecoins, USDtb merges tokenized U.S. Treasury commodities with stablecoin reserves, empowering an exceptional fusion of steadiness, adaptability, and immediate fluidity. This subsequent iteration of stablecoin expedites swifter, more economical transactions in contrast to traditional banking infrastructures, concurrently furnishing users with consistent yields and principal safeguarding—mirroring the triumph of Ethena Labs’ USDe.

**Significant Dates:**

* **USDtb Spot Transaction Debut:** March 4, 2025, 8 AM UTC
* **USDtb Removals Commence:** March 5, 2025, 8 AM UTC
* **USDtb 5% Free Distribution:** Initial assessment on March 6, 2025
* **Preliminary Incentives Allocation:** Prior to 6 AM UTC on March 7, 2025

Transfers and removals will be accessible via the Ethereum infrastructure.

Bybit extends to its users a superb chance to amplify their gains with a 5% APR on USDtb assets!

To commemorate the commencement of USDtb, Bybit tenders both fresh and current users an occasion to gain an agreeable 5% APR on their USDtb assets. No blocking is needed! This extraordinary deal extends from March 6th to April 4th, and all you require to partake is a marginal investment of just 0.00005 USDtb. After the opening month, you’ll still relish 95% of the Treasury bill returns.

Prizes will be allocated in USDtb on a precedence basis, with an aggregate collection of 200 million USDtb tokens obtainable. Once the boundary is attained, the APR will steadily diminish. But don’t fret, even after the deal ceases, all USDtb possessors on Bybit will proceed to gain prizes endlessly.

Jerry Li, Chief of Financial Products at Bybit, asserts that USDtb is a groundbreaking development, uniting the divide between conventional finance and digital assets with unheard-of clarity and institutional-grade defense. Bybit is honored to be the initial platform to familiarize this inventive asset to its users, broadening their choices for secure savings and vibrant trading prospects, while upholding the smooth practice that Bybit is celebrated for.

Concerning Bybit:

Bybit is a foremost global crypto exchange, assisting over 26 million users globally. Established in 2018, Bybit is devoted to forging an easier, more accessible, and equitable ecosystem for everyone, reshaping the accessibility of the decentralized realm. With a firm concentration on Web3, Bybit tactically TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America with principal blockchain conventions to furnish a vigorous infrastructure and propel on-chain novelty.

Bybit is famous for its dependable and safe safekeeping services, varied trading platforms, simple user interface, and innovative blockchain instruments. It unites conventional and distributed finance, enabling developers, originators, and devotees, thus unleashing the complete capacity of Web3. Explore the prospect of distributed finance by visiting Bybit.com.

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**Contact Details**

**Head of Public Relations** **Tony Au** **Bybit** **[email protected]**