- Bybit presented new crypto payment tools at Web Summit 2025.
- Launch of Bybit Pay in Brazil.
- Highlights the integration of crypto payments globally.
Bybit’s latest unveiling at Web Summit showcases the company’s strategic push into mainstream payments, significantly impacting global crypto adoption.
Bybit’s Global Expansion
Bybit, the world’s second-largest cryptocurrency exchange, launched its new crypto payment tools at Web Summit Rio 2025. Bybit Pay, introduced in Brazil, provides seamless crypto-to-fiat transactions and aims to integrate cryptocurrency into traditional payment systems.
“Bybit Pay is designed to simplify crypto payments and settlement for users in Brazil, creating a seamless crypto-to-fiat experience.” — Bybit Team, Representative, Bybit
Integrating Cryptocurrency
The initiative features a blockchain-based gateway supporting multiple currencies, including BRL, BTC, and ETH. Partnering with Transfero underscores Bybit’s commitment to adapting to regional markets, especially in emerging economies.
Frontline of Payment Transformation
The launch positions Bybit at the forefront of transforming payment systems within Latin American markets. The company’s focus on enhancing user experiences reflects its aim to reach Bybit’s 60+ million global users effectively.
Expanded Solutions
Expanding the payment solutions to support 15 cryptocurrencies by May 2025 demonstrates Bybit’s rapid adaptation and growth in the sector. This move potentially increases financial accessibility and encourages broader merchant participation.
Global Crypto Liquidity and Regulations
Insights collected suggest an increase in global crypto liquidity due to Bybit Pay’s rapid expansion. However, regulatory challenges might arise as traditional financial systems adapt to these technological shifts.
