Bybit Adds USDC Deposit Support on Sui Network

Crypto exchange Bybit now enables USD Coin deposits on the Sui blockchain, expanding its support for multi-chain transactions.

USDC
SUI

Summary

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Terms & Concepts
  • USDC (USD Coin): A fully backed stablecoin pegged to the U.S. dollar, widely used for trading and payments in the crypto ecosystem.
  • Sui Network: A Layer 1 blockchain designed for high throughput and low latency, enabling scalable decentralized applications.
  • Bybit: A global cryptocurrency derivatives and spot trading platform offering various digital asset services.