Bybit Unveils Direct USD Deposit Support via OpenPayd

Bybit has introduced USD deposit support through OpenPayd, enabling users to fund their accounts in US dollars and access USD trading pairs without additional currency conversion.

The integration uses a single API connection with OpenPayd, providing global payment rails via virtual IBANs and USD SWIFT with foreign exchange capabilities supported in one unified platform. This supports both institutional settlement and retail deposits and withdrawals, giving Bybit a consistent and compliant way to collect, convert, and settle funds globally.

According to Victoria Kilikyan, Bybit's Deputy Head of Fiat, the integration improves the connection between traditional banking and digital assets, making it easier for users to move between fiat and crypto. She states, 'Fiat access remains a critical part of the crypto experience... Our integration with OpenPayd gives eligible users a more direct way to fund their Bybit accounts in USD and access global crypto liquidity.'