Bybit brings AAA-rated tokenized USD liquidity to institutional traders

Something significant just happened at the crossroads of traditional finance and crypto. Bybit, in partnership with Finloop Finance Technology Holding Limited, has launched FUIDL — a tokenized USD liquidity product that brings institutional-grade money market standards directly onto the blockchain. The move signals more than just a new product launch; it reflects a broader push to make tokenized USD liquidity as credible and accessible as anything you’d find in a conventional bank’s treasury operation.
Key takeaways
- Bybit and Finloop launched FUIDL (Finloop USD Instant Digital Liquidity), a tokenized USD liquidity product backed by an AAA-rated money market fund.
- The underlying fund holds the highest possible ratings: AAAm from S&P, Aaa-mf from Moody’s, and AAAmmf from Fitch.
- FUIDL offers hourly subscription and redemption with T+0 (same-day) interest accrual, letting investors move capital efficiently between traditional and digital markets.
- Bybit users can use FUIDL shares as collateral for trading directly on the Bybit platform.
- The collaboration will pilot T+0 settlement for selected assets, with a global rollout planned throughout 2026.
Bybit and Finloop Launch FUIDL — What It Actually Does
At its core, FUIDL gives eligible institutional and professional investors on-chain access to a USD liquidity fund that carries the kind of ratings you’d normally associate with the most conservative corners of traditional asset management. The underlying fund has been rated AAAm by Standard & Poor’s, Aaa-mf by Moody’s, and AAAmmf by Fitch — the highest ratings available for money market funds across all three major agencies.
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