DUBAI, UAE, Sept. 26, 2025 /CNW/ — Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, is proud to announce a landmark partnership with Plasma, the next-generation Layer 1 blockchain designed for stablecoin funds. This collaboration marks a strong step ahead in Bybit’s mission to make digital belongings quicker, cheaper, and extra accessible for hundreds of thousands of customers worldwide.
As a part of the partnership, Bybit will checklist Plasma (XPL) on Spot and allow USDT deposits and withdrawals by way of Plasma — delivering lightning-fast, zero-fee USDT transfers that redefine what’s potential in on a regular basis crypto funds. Bybit customers can now transfer USDT seamlessly on a community purpose-built for scale, safety, and international adoption.
This launch arrives at a pivotal second for the trade. Stablecoin provide has surged to an unprecedented $283.2 billion, whereas month-to-month energetic senders have hit a file 25.2 million, in keeping with trade knowledge. On the similar time, startups targeted on stablecoin infrastructure have raised greater than $620 million in 2025 alone, underscoring explosive momentum behind platforms like Plasma.
Zero Charges. Large Prizes. Staking as much as 100% APR
To rejoice the itemizing, Bybit is rolling out XPL Tokensplash, a group rewards marketing campaign that includes a complete prize pool of 9 million XPL. Starting September 24, new customers who full deposits or trades can share from a 3 million XPL pool, with the primary 10,000 contributors every incomes 300 XPL.
From Sept. 25, current customers may also be a part of by buying and selling a minimum of 500 USDT price of XPL on Spot to qualify for a share of a 6 million XPL pool, with rewards capped at 10,000 XPL per consumer.
Zero-Payment USDT Withdrawal Program
Efficient Sept. 29, 2025, Bybit will cowl all community and transaction charges for USDT transfers on Plasma, permitting customers to withdraw funds with out gasoline prices. A nominal base withdrawal price (minimal 2 USDT) will stay in place. This system will run till the allotted prize pool is depleted.
Chain-Powered USDT Deposit Fortunate Draw
Operating from Sept. 29, 2025 to Oct. 13, 2025, customers depositing USDT by way of Plasma can qualify for a share of $100,000 USDT in rewards. Fortunate draw tickets will probably be awarded based mostly on deposit exercise, with new and current customers are each eligible beneath totally different standards. Every ticket provides an opportunity to win prizes starting from 0.5 USDT to 100 USDT, credited on to winners’ accounts. The marketing campaign will probably be featured in Bybit’s Rewards Hub, and customers should declare the duty within the Rewards Hub for his or her deposits to be counted.
Chain-Powered Staking – As much as 100% APR
From Sept. 29, 2025, to Oct. 29, 2025, Bybit customers who obtain a internet deposit of a minimum of 100 USDT by way of Plasma will achieve entry to an unique staking pool. Reward tiers embody: 100% APR for brand new customers, 20 p.c APR for all customers, 25 p.c APR with greater caps for VIP customers.
*Subaccounts, institutional accounts, and customers in restricted jurisdictions, together with the European Financial Space, usually are not eligible. Full phrases and circumstances apply. Bybit reaffirmed that cryptocurrency buying and selling carries vital threat and suggested contributors to train warning and search unbiased monetary recommendation the place vital.
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About Bybit
Bybit is the world’s second-largest cryptocurrency change by buying and selling quantity, serving a worldwide group of over 70 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating an easier, open and equal ecosystem for everybody. With a robust give attention to Web3, Bybit companions strategically with main blockchain protocols to offer sturdy infrastructure and drive on-chain innovation. Famend for its safe custody, various marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fanatics to unlock the total potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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