Bybit Launches Bank Triparty to Enable Institutions to Borrow USDT Against USD and Treasuries

According to ChainCatcher, Bybit has officially launched Bank Triparty, a lending service for institutional clients backed by bank-custodied collateral assets. Eligible institutions can deposit collateral independently at partner banks and access financing without altering their existing trading infrastructure. The service supports USD and U.S. Treasury securities as collateral for borrowing USDT.
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