BingX and Bybit launch US stock trading settled in stablecoins via Alpaca within 24 hours
BingX opened 7,000+ US stocks and ETFs on Oct 13, a day after Bybit launched 1,000+ stocks, both routing orders through Alpaca and settling in USDT or USDC.
Why it matters
Two major crypto exchanges have moved onto traditional brokerage infrastructure within 24 hours, signaling a convergence of crypto and equity markets where stablecoins serve as settlement rails for US stock ownership. The scale of BingX's offering (7,000+ securities) exceeds Bybit's (1,000+) and both rely on the same US broker-dealer partner, Alpaca.
Key facts
BingX opened trading in more than 7,000 US stocks and ETFs on Tuesday, October 13, 2026
7,000Reported by Finance Magnates Crypto
Bybit launched stock trading for more than 1,000 US stocks and ETFs on Monday, October 12, 2026
1,000Reported by Finance Magnates Crypto
Both exchanges route orders through US brokerage infrastructure provider Alpaca
Reported by Finance Magnates Crypto
BingX users pay for shares using USDT or USDC from their crypto balances
Reported by Finance Magnates Crypto
Bybit users trade stocks using USDC with fractional shares and 24/5 access including pre-market and after-hours sessions
Reported by The Daily Hodl
Bybit is developing a tokenized stock product called mStocks with Mantle targeting a November 2026 launch
Reported by The Daily Hodl
Equity-linked contracts made up less than 1% of traditional stock market volume in May 2026
1 %Reported by Finance Magnates Crypto
What happened
Finance Magnates reported that BingX began offering more than 7,000 US stocks and exchange-traded funds on Tuesday, October 13, with orders executed and held by US brokerage infrastructure provider Alpaca and payment drawn from users' USDT or USDC balances. The same outlet noted that Bybit had launched a similar service the previous day, Monday, October 12, providing access to more than 1,000 US stocks and ETFs also through Alpaca and settled in USDC. Bybit's own press release, syndicated by The Daily Hodl, CryptoPotato, Bitcoin Insider, and Bitcoin.com News, confirmed the October 12 launch and added that the exchange offers fractional shares and 24/5 trading covering pre-market, regular, and after-hours sessions. The release also stated Bybit is developing a tokenized stock product called mStocks with Mantle targeting a November launch, backed 1:1 by underlying shares. Both exchanges previously offered leveraged contracts on US equities. Finance Magnates cited CoinGecko data showing crypto venues handled $1.32 trillion in perpetual futures on traditional assets between January and May 2026, up from $104.21 billion in all of 2025, though equity-linked contracts remained under 1% of traditional stock market volume in May.
How the story developed
- Update
Bybit launches stock trading with 1,000+ US securities via Alpaca
Bybit begins offering US stocks and ETFs settled in USDC with fractional shares and 24/5 access
- Update
BingX launches stock trading with 7,000+ US securities via Alpaca
BingX opens trading in over 7,000 US stocks and ETFs settled in USDT or USDC
- Official statement
Bybit CEO Ben Zhou presents keynote outlining expansion into traditional finance
Keynote titled 'Make Your Move' announces mStocks tokenized stock product with Mantle targeting November launch
- First report
First report by Finance Magnates Crypto
BingX Opens 7,000 US Stocks to Crypto Users a Day After Bybit
- Official statement
Official statement from Bitcoin.com News
Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 13 Oct 2026, 06:52 UTC: Finance Magnates Crypto, Mainstream media — 1 independent source, 1 reports
- 13 Oct 2026, 20:31 UTC: The Daily Hodl — 2 independent sources, 2 reports
- 13 Oct 2026, 20:32 UTC: Brave New Coin — 3 independent sources, 3 reports
- 14 Oct 2026, 05:38 UTC: CryptoPotato — 4 independent sources, 4 reports
Affected entities
Also mentioned: European Union, El Salvador, Kraken, Tether USDt, OKX, Tesla, NYSE
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform | Syndicated | |
| Finance Magnates Crypto Mainstream media | BingX Opens 7,000 US Stocks to Crypto Users a Day After Bybit | Original | |
| Brave New Coin Crypto media | Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform | Syndicated | |
| CryptoPotato Crypto media | Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform | Syndicated | |
| The Daily Hodl Crypto media | Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform | Syndicated | |
| Bitcoin Insider Aggregator | Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform | Syndicated |
Related events
Bybit Launches US Stock Trading as ZachXBT Traces $12M From 2025 Hack
Bybit launched trading in over 1,000 US stocks and ETFs using USDC, while blockchain investigator ZachXBT traced $12 million from the exchange's $1.5 billion 2025 hack.
Bybit Plans U.S. Entry Via Broker Partnerships While Securing Dubai Spot Trading License
Bybit CEO Ben Zhou says the exchange will partner with a U.S. broker like Interactive Brokers to challenge Robinhood, while its Dubai entity gains a VARA spot trading license after a two-year provisional period.
Bybit Launches Bybit Odds Prediction-Market Analytics With 17,000 USDT Reward Pool
Bybit launched Bybit Odds, an in-exchange analytics product showing prediction-market odds and sentiment, with a 17,000 USDT launch reward pool.
Bybit Completes SOC 2 Type II Security Audit Independently Conducted by Deloitte
Bybit announced it has completed a SOC 2 Type II audit of its security and operational safeguards, conducted independently by Deloitte.
Trump uses 'cybercurrency' at White House roundtable as Circle shareholder sues over World Liberty Financial deals
Trump avoided the word 'cryptocurrency' at a White House cybercrime event while a Circle shareholder sued him over alleged foreign payments to his family's crypto venture.
Bybit Accepts Franklin Templeton Tokenized Fund Shares as Off-Exchange Collateral
Franklin Templeton and Bybit started a program letting eligible clients pledge Benji tokenized money market fund shares through ByCustody for USDT or USDC trading credit.
