Exclusive Livestreams Unpacked Infinite Liquidity and DeFi’s Next Wave

DUBAI, UAE, Feb. 26, 2025 /PRNewswire/ — Bybit Web3 , the Web3 division of Bybit, proudly served as the exclusive livestream partner for Solana Summit 2025. This collaboration marked a significant milestone for Bybit, which had previously been Solana’s first-ever ecosystem livestream partner. Years later, Bybit reaffirmed its commitment to advancing Web3 by amplifying one of the most highly anticipated blockchain events of the year.

Bybit Web3 exclusively broadcasted two key panel discussions, featuring Stephy Shi, Head of Operations at Bybit Web3, as a panelist. The event brought together leading voices in blockchain and Web3. The Memecoins & Infinite Liquidity panel revealed that financial incentives alone are no longer enough to build sustainable communities – successful projects now focus on giving their communities a voice in governance and decision-making. Meanwhile, the SVM Round Table tackled Solana’s scalability challenges, with industry experts agreeing that as Solana adoption grows, SVM-powered dApps will be critical in solving congestion and enabling seamless trading experiences.

Memecoins: Beyond Financial Rewards – The Power of Community

The Memecoins & Infinite Liquidity panel explored how memecoins have evolved from simple speculative assets to community-driven movements with strong cultural significance. While financial incentives like airdrops and staking still play a role, industry leaders agreed that long-term success depends on giving communities a real voice and influence.

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Christina, Core Contributor at MEW, emphasized that projects must make their early supporters feel like part of the journey. “The key point for us to build community is to make our early supporters be part of this. We really make them make decisions, like from merch making to the offline meetings, events, and the corporation brand.”

Similarly, Nom, CEO of Bonk, highlighted that the strongest memecoins today are those that foster deep community connections. “The strongest memecoins today aren’t the ones with the biggest airdrops — they’re the ones where people feel like they truly belong.”

Bybit Web3’s Stephy Shi reinforced this point, explaining that true engagement goes beyond just giveaways. “We keep thinking about how to engage the community because a lot of projects probably just do an airdrop. But how can we actually truly involve the community? So for us, what we do is we actually try to empower the community.”

The panel made it clear: memecoins thrive not because of financial incentives alone, but because of the emotional and cultural bonds they create. Projects that involve their communities in branding, governance, and decision-making are far more likely to succeed.

Solana’s Growth: How SVM-Powered dApps Can Solve Congestion

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The SVM Round Table tackled one of Solana’s biggest challenges – scalability. With its fast and low-cost transactions, Solana has become a hub for DeFi, memecoins, and high-frequency trading. However, during peak activity, congestion can slow down transactions and disrupt user experience.

Panelists debated whether Solana needs Layer 2 (L2) scaling solutions or if improvements to its existing infrastructure would be enough.

Jason, Co-Founder of Solayer, pointed out that congestion became a real problem during the recent memecoin trading surge: “During the meme coin trade season, users could see not only Solana’s high trading volume but also encountered issues. For example, some transactions were not getting confirmed.”

Chris, CEO of SONIC, explained that as Solana’s ecosystem expands, the need for SVM-powered applications will grow. “When we build a rollup for the chain extension ecosystem, we think about verticalizing the operations to focus on distribution and the ecosystem that’s always needed for all of the applications on top of Solana. And as application numbers grow, you actually have more needs for very verticalized operations and distribution.”

For traders, these issues have direct consequences. Bybit Web3’s Stephy Shi shared how congestion impacts users in real-time. “Everyone traded on-chain, traded Solana on the weekend, right? Crazy weekend. I think probably a lot of people also have problems during the weekend to successfully execute a trade because of congestion. That’s a typical case study because users would only notice that they will need a faster, better execution layer only once they could not actually execute a trade.”

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The discussion highlighted that as Solana scales, SVM-powered dApps will play a critical role in reducing congestion, improving transaction speeds, and ensuring a seamless trading experience for users.

Bybit Web3: Powering the Next Wave of Web3 Innovation

With DeFi, AI, and blockchain gaming shaping the digital economy, 2025 marks a pivotal year for Web3 adoption. Solana Summit 2025 provided an in-depth look at the evolving landscape, and Bybit Web3’s role as the exclusive livestream partner showcased its commitment to expanding decentralized finance and empowering global blockchain communities.

As the Solana ecosystem continues to grow, Bybit Web3 remains at the forefront – bridging users, developers, and liquidity into the future of Web3 and decentralized trading.

#Bybit / #TheCryptoArk / #BybitWeb3

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About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting. 

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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VICTORIA, Seychelles, Feb. 26, 2025 /PRNewswire/ — MEXC, the world’s leading cryptocurrency trading platform, has invested $20 million in USDe, Ethena’s synthetic dollar, as part of its commitment to expanding stablecoin adoption and fostering innovation within the crypto ecosystem. Meanwhile, MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has made a strategic investment of $16 million in Ethena. The acquired USDe will support stablecoin-related initiatives, including a campaign featuring a $1,000,000 reward pool.

Stablecoins are a cornerstone of the crypto market, providing liquidity and stability for traders and investors. USDe, issued by Ethereum-based DeFi platform Ethena, is designed to overcome the limitations of centralized stablecoins. Ethena is not just creating a new digital asset—it is building a robust ecosystem around USDe, which includes Ethereal, a spot trading platform, and Derive, an on-chain options protocol. These developments enhance the utility of USDe and contribute to a more dynamic DeFi landscape.

To accelerate stablecoin adoption, MEXC’s $20 million investment in USDe is accompanied by several user-focused incentives. These include zero-fee trading pairs and high-APR staking events, allowing users to earn $1,000,000 worth of rewards while participating in the growing stablecoin market. These benefits and events will be accessible through MEXC’s centralized exchange, making it easier for users to explore and trade USDe.

“Stablecoins play a pivotal role in the development of the broader cryptocurrency market, and MEXC is committed to supporting their expansion,” said Tracy Jin, COO of MEXC. “As digital asset adoption increases, stablecoins will attract greater investment, creating new opportunities for users. We recognize Ethena and USDe as key players in this evolving landscape, and we are excited to contribute to their success by providing users with more stable and efficient financial solutions.“

MEXC is dedicated to investing in crypto-native projects that thrive in decentralized ecosystems. Assets like USDe, which enable reward-bearing instruments such as sUSDe, are inherently designed for DeFi and reduce the reliance on centralized stablecoin issuers. Looking ahead, MEXC aims to further enhance stablecoin accessibility by allowing users more opportunities to hold USDe and earn passive rewards directly on centralized exchanges.

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About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 32 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

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SINGAPORE, Feb. 26, 2025 /PRNewswire/ — From February 18 to 20, 2025, Consensus Hong Kong took place at the Hong Kong Convention and Exhibition Centre, attracting global attention from the Web3 and fintech communities in what many are calling the “Year of PayFi” in the crypto industry. During the event, Interlace, a leading fintech infrastructure provider, took the stage at the highly anticipated PayFi Summit 2025. Alongside prominent industry innovators such as the Solana Foundation, Huma Finance, and DePHY, Interlace offered insights into the evolving world of cross-border payments. The summit further explored PayFi’s cutting-edge applications and shed light on emerging industry trends, market opportunities, and the bright prospects ahead.

PayFi, short for Payment Finance, is an innovative technology and application model that integrates payment systems with financial services within the blockchain and cryptocurrency space. According to Lily Liu, Chair of the Solana Foundation, PayFi leverages blockchain technology to revolutionize payment systems, enabling more efficient, low-cost transactions while creating a new financial experience. Its goal is to develop more complex financial products and applications, building an integrated value chain that fosters the creation of a new financial ecosystem.

Technological innovation in financial services lies at the heart of Interlace’s mission. As a leader in card issuing infrastructure, Interlace delivers efficient, cost-effective, and multi-currency financial solutions that seamlessly bridge Web3 and Web2, connecting modern financial systems with emerging markets. By serving as a key enabler of stablecoin usage in cross-border payments, Interlace supports scalable, efficient financial transactions on a global scale.

Among the services offered are Card as a Service (CaaS), Banking as a Service (BaaS), and Wallet as a Service (WaaS), all of which allow businesses to effortlessly integrate financial capabilities into their existing platforms via APIs. Additionally, Interlace offers essential products like global accounts, acquiring services, and the issuance of both virtual and physical cards.

Michael Wu, CEO of Interlace, further elaborated on the company’s comprehensive “end-to-end” CaaS solution at the summit, which covers the entire process from wallet management to card issuance. Key functions include multi-Bin card issuance, deposit address generation, cryptocurrency KYT (Know Your Transaction), cardholder KYC (supporting both API integration and hosted mode), and secure, compliant infrastructure. This ensures that the flow of funds remains transparent and controllable throughout the entire process. Additionally, Interlace supports on-chain transfers, multi-account fund allocation, and efficient operations like top-ups, transfers, and card issuance, addressing the needs of a wide range of use cases.

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In terms of CaaS, Interlace offers multi-BIN configurations to support clients’ global card issuance requirements. Its advanced risk control and anti-fraud system enable real-time transaction monitoring, safeguarding the security of funds. Interlace also provides a white-label API integration, allowing clients to customize card designs and enabling businesses to rapidly create unique brand differentiation.

Michael also emphasized that stablecoins are playing an increasingly crucial role in cross-border payments. Driven by technological innovation, Interlace provides industry-leading solutions that deliver the infrastructure for secure and efficient fund transfers, empowering institutions and clients to gain a competitive edge in the evolving integration of cryptocurrency with traditional payment systems.

Founded in 2019, Interlace has quickly established itself as a leader in the fintech space, earning the highest security certification in the international card payment industry, PCI-DSS Level 1. The company has also obtained licenses in key regions including the United States, and Lithuania. To date, Interlace has issued over 4.5 million cards and served 7,500 businesses worldwide, processing over 60 million transactions annually.

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