Bybit is making a direct play for more stablecoin trading volume. The exchange said it is cutting fees on USDC-denominated spot and futures pairs for eligible VIP users, while also tweaking its liquidity framework in a way designed to make those markets deeper and more competitive. The changes took effect on March 23 and apply to USDC spot and futures markets on the platform. They do not affect Pro fee structures or non-USDC pairs. On the surface, the announcement is about cheaper trading. In practice, it looks like a broader attempt to make USDC a more active part of Bybit’s trading stack at a time when exchanges ... (full story)