Hello amazing Crypto community. Can anyone be so kind to help this conundrum in my head that this noob can’t seem to figure out?

I have some BUSD on Binance that I want to deposit into Bybit. They only trading pairs to choose from is BUSD/USD and BUSD/USDT. I don’t really want to use Tether unless I have to. The only crypto that I can deposit on Bybit is BTC, ETH, EOS, XRP and USDT. Am I understanding this correctly that my only option would then be to trade my BUSD to USDT and then transfer to Bybit?
This noob thanks you tremendously!