Bybit Enables US Stock and ETF Trading With USDC

1 hour ago 5 sources positive

Key takeaways:

  • Bybit's USDC stock trading expands stablecoin utility, pressuring crypto exchanges to become multi-asset platforms.
  • Watch regulatory scrutiny as USDC-equity blending raises compliance and Alpaca counterparty risks for Bybit.
  • USDC demand may rise if Bybit's dividend conversions and 24/5 stock trading attract stablecoin-native investors.

Bybit, the New Financial Platform with more than 80 million users, announced on Oct. 12, 2026 that eligible global users can now trade more than 1,000 U.S.-listed stocks and ETFs directly through its platform using USDC.

The rollout includes Apple (AAPL), NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU), and the Invesco QQQ ETF (QQQ). Eligible users in permitted jurisdictions who complete required KYC verification can buy and sell supported U.S. equities, gaining direct economic interest in the underlying securities rather than synthetic or derivative exposure.

Orders are routed through Bybit’s regulated brokerage infrastructure and executed via Alpaca, a U.S. self-clearing broker-dealer and FINRA/SIPC member. Alpaca also holds the underlying securities in custody. Bybit’s stock service is provided by Infra Capital Limited, an introducing broker regulated by the Financial Services Commission in Mauritius.

Key features include 24/5 trading across pre-market, regular, and after-hours sessions, zero commission on eligible stock purchases and sales, fractional shares, and corporate-action support. Cash dividends are converted from USD into USDC and credited to the user’s Unified Trading Account, while stock dividends and splits are reflected directly in positions. Voting rights are planned for a future phase.

Bybit CEO Ben Zhou said the move is part of the platform’s evolution into a connected multi-asset ecosystem, adding that tokenizing real-world assets at scale is “something we are delivering today.” Alpaca CEO Yoshi Yokokawa called the expansion a major step toward a more complete multi-asset trading experience.

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