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Bybit launches Send Money feature to simplify global transfers using crypto rails and fiat familiarity

Bybit launches Send Money feature to simplify global transfers using crypto rails and fiat familiarity

Bybit has unveiled the “Send Money” payment solution for its global users, enabling them to send money with the speed, efficiency, and convenience of blockchain technology. The exchange leverages crypto rails in the background while maintaining a fiat-forward user experience, allowing recipients to receive funds in local fiat currencies.

Bybit’s Send Money feature supports USD, Argentine Pesos (ARS), and select crypto transfers for eligible users in Argentina, delivering transfers that complete within minutes to a few hours. Users can send Bybit Pay to send fiat and crypto across the supported network.

According to the exchange’s team, the feature addresses a critical gap in remittance experience. It also offers rapid money…

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