Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC

Bybit currently supports USDT, BTC, ether (ETH) and USDC as collateral, with more assets to be added, it said. Under the newly launched unified margin account, users of Bybit’s European-style, USDC-settled options will also be able to use all assets under their account as collateral to trade USDC options contracts and perpetuals.