Circle, the issuer of USDC, has reportedly signed a revenue-sharing agreement with the Bybit exchange. This move, initially reported by CoinDesk, mirrors similar deals Circle has previously struck with major players in the crypto space. The agreement's specifics remain undisclosed, but it's likely structured similarly to Circle's existing partnerships. Coinbase, for instance, receives 50% of Circle's reserve income. Binance previously received a substantial upfront fee and ongoing incentives tied to its USDC holdings. According to sources, Circle is actively pursuing revenue-sharing agreements with exchanges holding significant USDC reserves. This suggests a strategic push to incentivize USDC adoption and solidify its position in the stablecoin market. As USDC usage grows across various platforms, these partnerships could prove lucrative for both Circle and its exchange partners. ```

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