Coinbase Derivatives, Nodal Clear Plan to Use USDC as Collateral for Futures Trades

CN
coindesk
Follow
5 hours ago


Coinbase Derivatives and Nodal Clear are working to integrate the USDC stablecoin as collateral in regulated U.S. futures markets, aiming to launch the new framework in 2026.

If approved by the Commodity Futures Trading Commission (CFTC), the plan is expected to mark the first time a stablecoin is formally accepted as collateral for margined futures in the U.S.

Coinbase Custody Trust would hold the USDC. Nodal Clear, a CFTC-regulated and part of the Deutsche Börse-owned EEX Group, would handle clearing.

The two firms said they are collaborating with U.S. regulators to bring the offering to market.

“Our commitment to integrate USDC as collateral reflects our dedication to enhance trading capabilities for US market participants, improve operational efficiency through almost instant money movement,” Boris Ilyevsky, CEO of Coinbase Derivatives, said in a statement.

Coinbase touted the move as a “meaningful milestone” in its push to turn USDC into a “true cash equivalent.” The stablecoin, the second-largest behind Tether’s USDT, is also set to be integrated into Shopify over Base.

The announcement follows Coinbase Derivatives’ partnership with Nodal Clear to launch round-the-clock futures trading of BTC and ETH in the United States.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

ad
Gate: 注册赢取$10000+礼包
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink