Circle Internet arranges revenue-sharing deal with crypto exchange Bybit - report
2025-07-09 19:36:32
Main Idea
Circle Internet Group has established a revenue-sharing agreement with Bybit, allowing the crypto exchange to receive a portion of the yields from reserves backing USDC.
Key Points
1. Circle Internet Group (NYSE:CRCL) has formed a revenue-sharing deal with Bybit.
2. Bybit will receive a portion of the yields generated by reserves backing Circle's USDC stablecoin.
3. The agreement was reported by CoinDesk, citing two anonymous sources familiar with the matter.
Description
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