DUBAI, UAE, July 25, 2025 — , the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic alliance with Tether, a prominent entity in the digital asset sector and the issuer of USD₮, the most extensively adopted stablecoin. This collaboration aims to accelerate the uptake of cryptocurrency throughout Brazil, leveraging institutional partnerships, significant event endorsements, and broad educational programs.
A key aspect of this partnership involves the joint sponsorship of Blockchain Rio, renowned as one of Latin America’s foremost blockchain conferences. During the event, attendees who sign up on Bybit’s platform will be granted a unique USD₮ bonus. This offering aims to motivate newcomers to interact with the digital asset landscape.
To broaden the partnership’s practical scope, Bybit and Tether are actively exploring collaborations with Visit Rio. Their objective is to incorporate cryptocurrency within the city’s tourism industry, providing discounts and USD₮ incentives to visitors who utilize digital assets for activities, excursions, and transactions with local merchants. This endeavor seeks to establish Rio as a progressive, crypto-welcoming hub.
As part of its overarching strategy, Bybit plans to launch a nationwide educational initiative aimed at enhancing cryptocurrency literacy and fostering prudent adoption. This program will feature “Learn to Earn” schemes, compensating users for completing educational modules focused on blockchain technology. Such online efforts will be supplemented by physical gatherings like workshops, university encounters, and seminars, directly involving students, developers, and business founders.
Earlier this year, Bybit named Israel Buzaym as its Country Manager for Brazil. Since his appointment, the company has considerably broadened its local footprint and introduced bespoke services, including Bybit Pay and the Bybit Card. These solutions are instrumental in connecting conventional financial systems with the realm of digital assets.
“It is an honor to spearhead Bybit’s initiatives in Brazil during such a pivotal period,” stated Israel Buzaym. “Brazilians possess a strong track record of adopting new technologies. We are already witnessing significant traction in the uptake of our offerings. This alliance with Tether provides the essential trust, liquidity, and strategic direction required to seamlessly integrate crypto into the daily lives of millions.”
Boasting a market capitalization exceeding $114 billion, Tether holds a pivotal position within the global digital economy. This collaboration with Bybit underscores a mutual dedication to financial innovation, public education, and developing tangible applications for cryptocurrency in one of the globe’s most rapidly expanding markets.
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About Bybit
Bybit stands as the world’s second-largest cryptocurrency exchange by trading volume, catering to a global user base exceeding 70 million. Established in 2018, Bybit aims to redefine transparency in the decentralized sphere by fostering a more accessible, open, and equitable ecosystem for all. With a keen emphasis on Web3, Bybit forms strategic alliances with prominent blockchain protocols to deliver resilient infrastructure and stimulate on-chain advancement. Recognized for its secure asset custody, varied trading platforms, user-friendly interface, and cutting-edge blockchain utilities, Bybit serves as a bridge between traditional finance (TradFi) and decentralized finance (DeFi), enabling developers, innovators, and enthusiasts to fully leverage Web3’s capabilities. Discover the future of decentralized finance at .
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About Tether
is a trailblazer in the field of stablecoin technology, committed to transforming the global financial sector. Its mission is to deliver accessible, secure, and efficient financial, communication, and energy infrastructure. Tether promotes broader financial access, strengthens communication networks, stimulates economic development, and empowers both individuals and enterprises.
As the issuer of the industry’s most extensive, transparent, and liquid stablecoin, Tether is devoted to establishing enduring and robust infrastructure, particularly benefiting communities with limited access. By employing advanced blockchain and peer-to-peer technologies, it strives to connect conventional financial frameworks with the transformative potential of decentralised finance.
SOURCE Bybit