Bybit Expands RWA Earn with nOPAL Brazilian Credit Strategy
Bybit has expanded its real-world asset offering by listing nOPAL, a tokenized Brazilian credit strategy for eligible users. This move follows the exchange's introduction of USDPT, a US dollar-denominated stablecoin issued by Anchorage Digital Bank on Solana.
The nOPAL strategy is managed using a Plume network vault by BlackOpal Finance and secured by credit card receivables in Brazil. Merchants receive advance funding of future payments at a discount, allowing for profits when the difference between acquisition costs and settlement prices is factored in.
BlackOpal has accumulated over 7,000 receivables since November 2025 with no default or credit losses. The total value locked in August 2026 was around $70 million, with a 30-day rolling yield of approximately 12%.