The world’s second-largest cryptocurrency exchange by trading volume, Bybit, has expanded its rewards ecosystem with the introduction of USDC cashback for Bybit Card users. This new feature allows cardholders to earn up to 10% cashback in USDC on everyday purchases, further enhancing the utility of digital assets in real-world spending.
With this update, users now have even greater flexibility in choosing their preferred reward currency—joining existing options like USDT, BTC, and partner tokens such as AVAX. The move underscores Bybit's commitment to building a seamless bridge between crypto and traditional finance through practical, user-centric financial tools.
Enhanced Rewards with Stablecoin Flexibility
Starting April 18, Bybit Card holders can opt to receive cashback rewards directly in USDC, one of the most trusted and widely adopted dollar-backed stablecoins in the crypto space. This addition gives users more control over their digital asset portfolios, especially those who prioritize price stability and broad financial integration.
New cardholders who complete verification will immediately gain access to a virtual card compatible with Apple Pay and Google Pay, enabling instant use for online and in-store transactions. Within the “Card Rewards” section of the app, users can easily set USDC as their default cashback option based on personal preference or financial strategy.
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Depending on their VIP tier, eligible users can enjoy cashback rates of up to 10% or a maximum of $150 per transaction, making it one of the most competitive reward programs in the crypto industry. These incentives apply across a wide range of spending categories, from subscriptions to travel and retail.
Why USDC Stands Out in Digital Finance
USDC has emerged as a cornerstone of modern digital finance due to its robust design and regulatory compliance. Here’s why it’s becoming a preferred choice for both individuals and institutions:
- Price Stability: Fully backed 1:1 by U.S. dollar reserves, including cash and short-term U.S. Treasury securities, ensuring consistent value.
- Global Reach: Enables near-instant cross-border transfers with minimal fees, ideal for international commerce and remittances.
- Accessibility: Operates 24/7 on multiple blockchains, supporting fast, reliable transactions without banking delays.
By integrating USDC into its rewards system, Bybit empowers users to participate in the global digital economy with confidence—earning stable, predictable returns while spending.
Bybit Card: A Full-Service Crypto Payment Solution
With over 1.7 million cards issued globally, the Bybit Card has become a go-to solution for users seeking a seamless way to spend, save, and earn from their digital assets. Powered by the Mastercard network, it works anywhere Mastercard is accepted—online, in-app, or at physical point-of-sale terminals.
Key Features of the Bybit Card
- Instant Virtual Card Access: Get a fully functional virtual card immediately after approval, ready for use with Apple Pay and Google Pay.
- Spend & Withdraw Crypto: Use your digital assets directly for purchases or withdraw cash from any Mastercard-enabled ATM worldwide.
- No Annual Fees + High-Yield Earnings: Enjoy zero maintenance costs, with opportunities to earn up to 8% annual yield on holdings and up to 10% cashback on spending.
Exclusive Year-Round Perks:
- Full (100%) cashback on select subscriptions like Netflix and ChatGPT
- Complimentary airport lounge access via Priority Pass
- Early entry to major events such as Tomorrowland Brasil
- Seasonal promotions and partner discounts
- Multi-Currency Support: Spend and earn rewards in a growing list of cryptocurrencies including USDC, USDT, BTC, ETH, and AVAX.
This level of integration makes the Bybit Card not just a payment method—but a comprehensive financial tool for the crypto-native generation.
Empowering Users Through Choice and Utility
Joan Han, Head of Payments at Bybit, emphasized the platform’s focus on inclusivity:
“Bybit Card is designed to serve a diverse user base with varying financial needs. Introducing USDC cashback caters specifically to those seeking stable, reliable rewards. We’re committed to expanding our reward offerings and enhancing real-world utility to drive continued growth.”
This strategic enhancement reflects a broader trend in the crypto industry: moving beyond speculation toward practical adoption. By enabling users to earn in stablecoins they trust, Bybit is helping normalize cryptocurrency as part of daily financial life.
👉 Learn how you can turn your daily purchases into crypto earnings effortlessly.
Frequently Asked Questions (FAQ)
Q: How do I start earning cashback in USDC?
A: After verifying your identity and activating your Bybit Card, go to the “Card Rewards” section in the app and select USDC as your default reward currency. All eligible purchases will then earn cashback in USDC automatically.
Q: Is there a limit to how much USDC cashback I can earn?
A: Yes. Depending on your VIP level, you can earn up to 10% cashback per transaction, capped at $150. Higher-tier users may unlock better rates and higher limits through increased trading volume or holdings.
Q: Can I switch between different cashback currencies?
A: Absolutely. You can change your default reward currency anytime in the app—choose between USDC, USDT, BTC, ETH, or AVAX based on market conditions or personal goals.
Q: Where can I use the Bybit Card?
A: The Bybit Card works globally wherever Mastercard is accepted—online stores, mobile apps, restaurants, travel platforms, and ATMs that support Mastercard withdrawals.
Q: Are there any fees associated with the Bybit Card?
A: There are no annual fees. However, certain transaction types (e.g., ATM withdrawals above a monthly limit or foreign exchange) may incur small service fees. These are clearly outlined in the app before each transaction.
Q: Does the virtual card offer the same benefits as the physical card?
A: Yes. Both virtual and physical cards provide identical features—including cashback rewards, multi-crypto support, and access to exclusive perks.
The Future of Crypto Spending Is Here
The introduction of USDC cashback marks a significant step forward in making digital assets more usable in everyday life. With strong security, real-world utility, and attractive earning potential, the Bybit Card is redefining what it means to spend crypto—not just as an investment vehicle, but as functional money.
As adoption grows and user demands evolve, expect further innovations in rewards diversity, spending flexibility, and financial integration across the crypto landscape.
👉 Start using your crypto like real money—with rewards that grow with every purchase.