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Bybit is proud to unveil a groundbreaking upgrade to On-Chain Earn. Starting Jun 3, 2025, 10AM UTC, you can mint and redeem USDtb directly through Bybit — no whitelist required.

This makes Bybit the first and only exchange offering non-whitelisted USDtb minting, unlocking a faster, easier and more liquid way to earn from stable assets.

Created by Ethena, USDtb merges real-world stability with blockchain speed — and it’s designed for users who want security, liquidity, and yield all in one while fully backed by US Treasury Assets.

Instantly create USDtb by depositing USDT, USDC or USDe — no delays, no intermediary.

Swap USDtb back into USDT, USDC or USDe whenever you want — it’s your money, your way.

Until now, getting USDtb was a hassle — limited to Spot trading, conversion or whitelisted access via Ethena.

With Bybit On-Chain Earn, that’s history. You're in full control.

– Everyone can mint/redeem USDtb on Bybit, instantly.

 – Mint or redeem in a single, seamless transaction.

 – Cut out market makers and trade without volatility.

 – Hold USDtb in your Funding Account and automatically earn dynamic yields (APR) — no staking, no lock-up.

[Start Minting]<https://www.bybit.com/en/earn/usdtb-page/> 

 Deposit USDT, USDC or USDe into Bybit On-Chain Earn and receive USDtb instantly.

Convert USDtb back to USDT, USDC or USDe seamlessly, with the transaction completed in one step.

[Mint Now]<https://www.bybit.com/en/earn/pos>

🚀 The future of on-chain yield stars here

This is more than just a feature update — it’s a new era of stablecoin accessibility. Get ready to experience seamless, unrestricted USDtb minting and earning without gas fees.

- Users must complete Identity Verification Lv. 1 to be eligible for this event.

- Minimum minting limit is 5,000 USDT/USDC/USDe, and there's no max minting limit.

- All participants must strictly adhere to Bybit Terms of Service. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities, including but not limited to bulk account registrations to farm additional bonuses and any other unlawful, fraudulent, or harmful activities.

- Bybit reserves the right to modify the terms of this event without notifying users in advance.

- Bybit reserves the right to the final interpretation of this event. If you have any questions, please contact our Customer Support.

Bybit On-Chain Earn: Introducing USDtb mint and redemption

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