Bybit Bolsters Fiat Infrastructure with OpenPayd Integration
Crypto exchange Bybit has expanded its fiat infrastructure through an integration with OpenPayd. This partnership brings USD settlement, international payment connectivity, virtual accounts, and foreign-exchange capabilities into a unified layer.
The integration will support both institutional settlement and retail customer on- and off-ramping. For institutions, this means reliable processes for moving significant amounts of fiat between banking systems, exchanges, and trading accounts. Fragmented payment infrastructure can make reconciliation more difficult and introduce additional operational dependencies.
Bybit's deputy head of fiat, Victoria Kilikyan, said: 'Fiat access remains a critical part of the crypto experience, and improving the connection between traditional banking and digital assets is key to broader adoption.'