🐋 WHALE WATCH : The CFTC approved Coinbase Clearing making it the first USDC native clearinghouse. Its registered to clear fully collateralized futures, options on futures and swaps with 24/7 settlement. Coinbase says clearing in house accelerates development of new regulated products. Outside partners still handle some products including planned single stock perps. A regulated stablecoin native clearing layer is infrastructure the rest of the market builds on. Thats what just got approved.