$USDC Becomes First Stablecoin Collateral for U.S. Futures Trading


Coinbase Derivatives had partnered with Nodal Clear to make $USDC eligible collateral for U.S. futures markets.


The integration requires CFTC approval, with expected launch sometime in 2026.


Coinbase Custody Trust will serve as custodian for this first regulated #stablecoin collateral use case.


The move aims to establish $USDC as a true cash equivalent in traditional financial markets.


Near-instant money movement and secure custody offer operational advantages over traditional collateral.


Nodal Clear already provides clearing support for Bitcoin and Ethereum futures on Coinbase Derivatives.


Circle went public on NYSE in June with $CRCL shares opening at $69 per share.

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June 18, 2025 at 10:51 PM
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