Bybit Partners with OpenPayd for Unified Fiat Settlement Infrastructure

Bybit, the world's second-largest cryptocurrency exchange by trading volume and home to over 80 million users globally, has selected OpenPayd to unify its global fiat settlement and on/off-ramp infrastructure.

The integration enables Bybit to access virtual IBANs connected to international payment rails, including USD SWIFT, alongside foreign exchange capabilities through a single API.

This partnership aims to standardize Bybit's global money movement flows by consolidating USD settlement, account infrastructure, and FX within OpenPayd's platform.

By unifying these functions, Bybit can improve reconciliation, reduce reliance on multiple providers, and create a more consistent framework for global money movement.