Bybit EU Launches Innovative Stablecoin Campaigns to Enhance Access to USDC and EURC

Bybit EU Expands Access to USDC and EURC Through New Stablecoin Campaigns

Bybit EU, the European branch of the crypto exchange Bybit, has launched a series of innovative campaigns aimed at enhancing the use of stablecoins USDC and EURC across the continent. These initiatives are designed to foster a responsible approach to digital assets, encouraging financial literacy and long-term planning among users.

Located in Vienna and operating under the MiCA regulation, Bybit EU is committed to providing a regulated platform for cryptocurrency offerings. The recent campaigns feature USDC and EURC, stablecoins backed by Circle, enabling users to trade and use these digital assets in compliance with European regulations. The goal is not just accessibility but also practical engagement that nurtures informed interactions with digital currencies.

The first phase of this initiative commenced on February 2, focusing on financial education through products such as Stablecoin Earn. This suite of offerings encourages users not to engage in short-term speculative trading but instead to cultivate healthy savings habits. The Stablecoin Earn program promotes using idle funds to meet specific financial goals, including creating a financial reserve or planning for future needs.

Among the standout products are the exclusive offerings for new users: a 10-day Fixed Earn with a 20% annual yield, another 10-day option at a 14% yield, a 30-day Fixed Earn at 16%, and a EURC–USDC Cross-Yield at 15% annual. These offerings are crafted to provide clarity and predictability, allowing users to save effectively rather than react impulsively to daily market fluctuations.

Mazurka Zeng, Co-CEO of Bybit EU, remarked, "The integration of USDC and EURC allows us to broaden the access to regulated stablecoins while promoting more thoughtful and responsible means for users to engage with digital assets. Through our savings-focused Earn products, we aspire to foster financial literacy and sustained engagement within a regulated European environment."

In tandem with the Earn initiatives, Bybit EU has also introduced the Consistency Counts competition, featuring a prize pool of 110,000 USDC. This contest rewards participants for their consistency and disciplined approach to trading. As Bybit EU expands its product integrations, including enhancing the daily utility of the Bybit Card, users are poised to discover even more meaningful ways to utilize USDC and EURC on the platform.

The significance of USDC and EURC cannot be overstated. Ranked among the most important fully-backed stablecoins globally, these digital currencies operate seamlessly on the internet, leveraging blockchain technology to facilitate nearly instant and cost-effective global transactions. They comply with the European Union's regulatory framework for cryptocurrency markets (MiCA), representing a crucial step toward broadening access to regulated stablecoins in Europe.

Bybit EU's expansion of USDC and EURC signifies a pivotal advancement in the utilization of stablecoins and reinforces the platform's commitment to responsible participation and long-term user engagement. The company intends to further support the stablecoin ecosystem through additional campaigns and initiatives, continuing its dedication to a holistic and regulated approach in Europe.

About Bybit EU

Bybit EU GmbH, established in Austria, is a MiCA-licensed cryptocurrency service provider, offering services through its platform, bybit.eu, to customers across the European Economic Area (EEA), excluding Malta. The company is authorized to provide services related to the custody and management of crypto-assets on behalf of clients, including exchanges between crypto-assets and financial fiat, among others. Importantly, Bybit EU GmbH does not operate as a trading platform nor provides investment advisory services.

For media inquiries, contact: [email protected] www.bybit.eu

Disclaimer: This news release is solely for informational purposes and does not constitute investment advice or an offer to buy or sell digital assets. The products and services mentioned are subject to relevant laws and regulations within designated jurisdictions and may not be available in all regions.