KuCoin Pay and Umy Partnership Expands USDT Utility in Travel Industry
In a significant move towards mainstream cryptocurrency adoption, KuCoin Pay, the payment division of the KuCoin exchange, has partnered with Web3 travel platform Umy to enable crypto payments for global travel services. This collaboration, announced on August 19, 2025, marks a pivotal step in integrating digital assets into everyday transactions, particularly in the travel sector. Users can now book flights, hotels, and lifestyle services using over 50 cryptocurrencies, including Bitcoin (BTC), Tether (USDT), and USD Coin (USDC). The partnership underscores the growing acceptance of stablecoins like USDT in real-world applications, further bridging the gap between crypto and traditional finance. With travel being a high-frequency spending category, this development could drive substantial demand for USDT and other cryptocurrencies, potentially influencing their market dynamics. The initiative aligns with KuCoin's mission to make crypto a seamless part of daily life, while Umy's Web3 platform leverages blockchain technology to enhance transparency and efficiency in travel bookings. As crypto payments gain traction in the travel industry, this partnership sets a precedent for future integrations across other sectors, reinforcing the bullish outlook for digital assets in 2025 and beyond.
KuCoin Pay Partners with Umy to Enable Crypto Payments for Travel Services
KuCoin Pay, the payment arm of cryptocurrency exchange KuCoin, has joined forces with Web3 travel platform Umy to integrate digital asset payments into global travel bookings. The collaboration allows users to reserve flights, book hotels, and access lifestyle services using over 50 cryptocurrencies, including BTC, USDT, and USDC.
"Our mission is to bridge crypto with everyday life, and travel is one of the most exciting frontiers," said Kumiko Ho of KuCoin Pay. The partnership eliminates traditional banking intermediaries, offering travelers seamless transactions without currency conversion hurdles.
Umy CEO Alex Lee framed the MOVE as a natural evolution for Web3 adoption: "We're enabling travelers to unlock real-world utility for their digital assets." The integration marks another step toward mainstream crypto adoption in the commerce sector.
Bybit's Private Wealth Management Achieves Record USDT Yields in July Amid Crypto Rally
Bybit's Private Wealth Management unit reported a historic performance in July 2025, with its flagship USDT strategy delivering a 19.77% APR. The division saw average yields surge 160% month-over-month as Bitcoin's rally and ETH ETF inflows fueled market momentum.
"Strategic asset allocation in volatile markets allowed us to capitalize on BTC's new highs and regulatory tailwinds," said Jerry Li, Bybit's Head of Financial Products. Institutional participation and solid fundamentals point to sustained growth, though regulatory developments remain key watchpoints.
The service has now surpassed $200 million in subscriptions, converting trading expertise into measurable yields for high-net-worth clients.
Bybit PWM's USDT Yield Strategy Hits Record High in July
Bybit Private Wealth Management (PWM) reported a standout performance in July 2025, with its flagship USDT-based yield strategy setting a new benchmark. The strategy capitalized on favorable market conditions, including Bitcoin's new highs and strong inflows into ethereum ETFs, delivering impressive returns for high-net-worth clients.
"Strategic asset allocation in volatile markets proved its worth," a Bybit spokesperson noted. Regulatory developments and institutional participation continue to shape the landscape, but the firm remains optimistic about crypto's long-term potential.
Launched in December 2024, Bybit PWM has rapidly gained traction, attracting significant subscription volume with its sophisticated product offerings and expert-driven strategies.
