{"id":44628,"date":"2025-06-18T19:00:41","date_gmt":"2025-06-18T16:00:41","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=44628"},"modified":"2025-06-18T18:21:36","modified_gmt":"2025-06-18T15:21:36","slug":"usdc-to-be-used-as-collateral-in-us-futures-markets","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/usdc-to-be-used-as-collateral-in-us-futures-markets\/","title":{"rendered":"USDC to Be Used as Collateral in US Futures Markets"},"content":{"rendered":"<p data-start=\"227\" data-end=\"549\"><a href=\"https:\/\/coinengineer.net\/blog\/ethereum-co-founder-vitalik-buterin-transfers-eth-and-usdc-to-railgun\/\"><strong data-start=\"227\" data-end=\"235\">USDC<\/strong><\/a>, the US dollar-pegged <strong data-start=\"258\" data-end=\"272\">stablecoin<\/strong> developed through a partnership between <strong data-start=\"313\" data-end=\"323\">Circle<\/strong> and <strong data-start=\"328\" data-end=\"347\">Coinbase (COIN)<\/strong>, is on track to become eligible <strong data-start=\"380\" data-end=\"394\">collateral<\/strong> in the US derivatives market. This strategic step is part of an expanded collaboration between <strong data-start=\"490\" data-end=\"514\">Coinbase Derivatives<\/strong> and clearinghouse <strong data-start=\"533\" data-end=\"548\">Nodal Clear<\/strong>.<\/p>\n<p data-start=\"551\" data-end=\"965\">According to the official announcement, <strong data-start=\"591\" data-end=\"599\">USDC<\/strong> will be accepted as margin collateral for leveraged futures trading. This move aims to boost the use of regulated stablecoins in the derivatives sector. However, the initiative is still pending approval from the <strong data-start=\"812\" data-end=\"859\">Commodity Futures Trading Commission (CFTC)<\/strong>. Both Coinbase Derivatives and Nodal Clear are working closely with the agency to push this plan forward.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/usdc-to-be-used-as-collateral-in-us-futures-markets\/#First_Regulated_Use_of_USDC_as_Futures_Collateral\" title=\"First Regulated Use of USDC as Futures Collateral?\">First Regulated Use of USDC as Futures Collateral?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/usdc-to-be-used-as-collateral-in-us-futures-markets\/#Backed_by_Deutsche_Borses_Infrastructure\" title=\"Backed by Deutsche B\u00f6rse\u2019s Infrastructure\">Backed by Deutsche B\u00f6rse\u2019s Infrastructure<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-start=\"967\" data-end=\"1021\"><span class=\"ez-toc-section\" id=\"First_Regulated_Use_of_USDC_as_Futures_Collateral\"><\/span>First Regulated Use of USDC as Futures Collateral?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1023\" data-end=\"1396\">Coinbase Derivatives believes this will mark the <strong data-start=\"1072\" data-end=\"1100\">first regulated use case<\/strong> for <strong data-start=\"1105\" data-end=\"1113\">USDC<\/strong> as trading collateral. The stablecoin will be securely held by <strong data-start=\"1177\" data-end=\"1203\">Coinbase Custody Trust<\/strong>, reinforcing its reliability and credibility. According to the company, this development represents a major step in recognizing USDC as a <strong data-start=\"1342\" data-end=\"1366\">true cash-equivalent<\/strong> asset in traditional finance.<\/p>\n<p data-start=\"1398\" data-end=\"1457\">The rollout of this new framework is targeted for <strong data-start=\"1448\" data-end=\"1456\">2026<\/strong>.<\/p>\n<h3 data-start=\"1459\" data-end=\"1504\"><span class=\"ez-toc-section\" id=\"Backed_by_Deutsche_Borses_Infrastructure\"><\/span>Backed by Deutsche B\u00f6rse\u2019s Infrastructure<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1506\" data-end=\"1764\">Nodal Clear, a <strong data-start=\"1521\" data-end=\"1539\">CFTC-regulated<\/strong> derivatives clearing organization, is part of <strong data-start=\"1586\" data-end=\"1599\">EEX Group<\/strong>, a subsidiary of Germany&#8217;s <strong data-start=\"1627\" data-end=\"1645\">Deutsche B\u00f6rse<\/strong>. On the other side, <strong data-start=\"1666\" data-end=\"1690\">Coinbase Derivatives<\/strong> operates as a registered contract market for various derivative products.<\/p>\n<p data-start=\"1766\" data-end=\"2035\">Back in May, Nodal Clear began clearing select cryptocurrency futures contracts offered by the <strong data-start=\"1861\" data-end=\"1900\">Coinbase Derivatives Exchange (CDE)<\/strong>, including <strong data-start=\"1912\" data-end=\"1937\">Bitcoin Futures (BTI)<\/strong>, <strong data-start=\"1939\" data-end=\"1962\">Ether Futures (ETI)<\/strong>, and smaller-sized contracts like <strong data-start=\"1997\" data-end=\"2009\">nano BTC<\/strong> and <strong data-start=\"2014\" data-end=\"2026\">nano ETH<\/strong> futures.<\/p>\n<p data-start=\"1766\" data-end=\"2035\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-159157 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/06\/usdc-c.webp\" alt=\"\" width=\"869\" height=\"171\" \/><\/p>\n<p data-start=\"2037\" data-end=\"2300\">Paul Cusenza, CEO of Nodal Clear, commented: \u201cIntegrating <strong data-start=\"2095\" data-end=\"2103\">USDC<\/strong> as collateral highlights our ongoing commitment to innovation and responsiveness to market demand. We look forward to working closely with our clearing members and the CFTC to bring this to life.\u201d<\/p>\n<hr \/>\n<p data-start=\"2037\" data-end=\"2300\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDC, the US dollar-pegged stablecoin developed through a partnership between Circle and Coinbase (COIN), is on track to become eligible collateral in the US derivatives market. This strategic step is part of an expanded collaboration between Coinbase Derivatives and clearinghouse Nodal Clear. According to the official announcement, USDC will be accepted as margin collateral for<\/p>\n","protected":false},"author":29,"featured_media":44630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[18618,1114,18617,12984,18616,943],"class_list":["post-44628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-cftc-commodity-futures-trading-commission","tag-circle","tag-coinbase-coin","tag-coinbase-derivatives","tag-us-futures-markets","tag-usdc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>USDC to Be Used as Collateral in US Futures Markets - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/usdc-to-be-used-as-collateral-in-us-futures-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USDC to Be Used as Collateral in US Futures Markets - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"USDC, the US dollar-pegged stablecoin developed through a partnership between Circle and Coinbase (COIN), is on track to become eligible collateral in the US derivatives market. 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