Coinbase Derivatives to adopt USDC as collateral for U.S. futures trading

Description

Coinbase’s futures trading platform is teaming up with regulated derivatives clearinghouse Nodal Clear to add Circle’s stablecoin USDC as collateral for futures trading in the United States. Coinbase Derivatives, which is regulated by the Commodity Futures Trading Commission (CFTC), announced the partnership with Nodal Clear on June 18. In a blog post , Coinbase said the collaboration will see its platform officially adopt USDC ( USDC ) as an eligible collateral for U.S. futures trading. The cry...