Crypto exchange Bybit has launched a service that lets users trade more than 1,000 U.S. stocks and exchange-traded funds using the stablecoin USDC. The service uses a brokerage-based structure rather than tokenised stock products, with U.S. broker Alpaca handling order execution and custody. Eligible users must meet requirements such as know-your-customer checks in permitted regions. Trades are settled in dollars on a T+1 cycle, and users hold economic rights, including dividends and stock splits, depending on terms.

Cryptocurrency exchange Binance has launched an asset management service that includes 11 U.S.-listed exchange-traded funds, according to Cointelegraph. The ETFs invest in short-term U.S. Treasuries and investment-grade corporate bonds. The service is offered through Binance Earn and is divided into cash management, stable income and enhanced yield based on investment period. Users buy actual ETF shares, while order routing, execution and custody are handled through existing brokerage infrastructure.