PR Newswire – 27 minutes ago
DUBAI, UAE,
July 25, 2025 /CNW/ —
Bybit,
a leading global exchange for cryptocurrency trading (ranked second by
volume), has forged a significant alliance with
Tether, a prominent player in the digital asset space known for
issuing USD₮, the most popular stablecoin. This collaborative effort is designed
to accelerate cryptocurrency usage throughout
Brazil through strategic collaborations with institutions, sponsorship of major
events, and extensive educational programs.
A key component of this partnership is the joint sponsorship of Blockchain Rio, a highly influential
blockchain conference in Latin America. Attendees who register on Bybit’s platform during
the conference will receive a special USD₮ bonus. This initiative aims to encourage newcomers to explore and
engage with the digital asset realm.
Further extending the reach of this partnership into everyday life, Bybit and
Tether are in active discussions with Visit Rio. Their shared objective is to
integrate cryptocurrency into Rio’s tourism sector, offering discounts and USD₮
incentives to tourists who utilize digital currencies for services, excursions, and purchases from local
businesses. This strategic move aims to position Rio as an innovative and
crypto-friendly destination.
As part of its long-term vision, Bybit is launching a nationwide educational initiative to promote
crypto literacy and encourage responsible adoption. This initiative will feature a series
of “Learn to Earn” campaigns, rewarding participants for successfully completing blockchain-related courses. These
online programs will be augmented by in-person events such as workshops, university gatherings, and seminars,
directly engaging students, developers, and entrepreneurs.
Earlier this year, Bybit appointed Israel Buzaym as the Country Manager for
Brazil. Since then, the company has strengthened its local presence and introduced
tailored offerings, including Bybit Pay and the Bybit Card. These products are designed to bridge the
divide between traditional financial systems and the evolving world of digital assets.
“I am honored to spearhead Bybit’s efforts in Brazil during this pivotal period,”
said Israel Buzaym. “Brazilians have consistently demonstrated a willingness to embrace innovation. We
are already witnessing considerable traction in the adoption of our services. This collaboration with
Tether provides the essential trust, liquidity, and strategic focus required to seamlessly
integrate crypto into the daily lives of millions.”
With a market capitalization exceeding $114 billion,
Tether is a cornerstone of the global digital economy. This partnership with Bybit
underscores a shared dedication to financial innovation, education, and the development of practical applications for
cryptocurrency within one of the world’s most promising emerging markets.
#Bybit / #TheCryptoArk
About Bybit
Bybit ranks as the second-largest cryptocurrency exchange globally in terms of trading
volume, serving a vast community of over 70 million users. Established in 2018, Bybit is redefining openness in
the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on
Web3, Bybit forms strategic partnerships with leading blockchain protocols to deliver robust infrastructure and drive
innovation on-chain. Renowned for its secure custody solutions, diverse marketplaces, intuitive user experience,
and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and
enthusiasts to unlock the full potential of Web3. Explore the future of decentralized finance at
Bybit.com.
For further information about Bybit, please visit
Bybit Press
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media@bybit.com
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About Tether
Tether is at the forefront of stablecoin
technology, driven by the ambition to transform the global financial ecosystem. With a commitment to providing
accessible, secure, and efficient financial, communication, and energy infrastructure,
Tether facilitates greater financial inclusion, enhances communication resilience,
fosters economic advancement, and empowers individuals and businesses alike.
As the originator of the largest, most transparent, and liquid stablecoin in the
industry, Tether is dedicated to constructing sustainable and robust infrastructure
for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technologies, it
strives to bridge the gap between traditional financial systems and the vast potential of decentralized finance.
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SOURCE Bybit