Bybit Launches Tokenized Dollar Liquidity Product FUIDL in Partnership with Finloop

Bybit has launched Finloop's tokenized dollar liquidity product FUIDL and is supporting it as a platform trading collateral. FUIDL combines blockchain-based payment and trading features with traditional finance's dollar money market funds. According to Ublockchain, Bybit will offer FUIDL to qualified investors starting July 30, supporting time-based subscriptions and redemptions along with T+0 interest calculation. The underlying dollar money market fund has received S&P AAAm, Moody's Aaa-mf, and Fitch AAAmmf ratings. Bybit and Finloop plan to pilot T+0 payments on specific assets and expand globally by mid-2026.