Coinbase and Nodal Clear derivatives are working to integrate the USDC stable as a guarantee in the regulated futures markets of the United States, with the aim of launching the new framework in 2026.
If the Basic Products Trade Commission (CFTC) approves it, the plan is expected to mark the first time that a collateral for marginalized future in the United States is formally accepted
Coinbase Custody Trust would keep the USDC. Nodal Clear, a regulated CFTC and part of the EEX group owned by Deutsche Börse, would handle cleaning.
The two companies said they are collaborating with US regulators to bring the offering to the market.
“Our commitment to integrate the USDC as the guarantee reflects our dedication to improve commercial capacities for US market participants, improve operational efficiency through the almost instantaneous money movement,” said Boris Ilyevsky, CEO of coinbase derivatives, in a statement.
Coinbase promoted movement as a “significant milestone” in its impulse to turn the USDC into a “true cash equivalent.” The Stablecoin, the second largest behind the USDT of Tether, is also ready to join Shopify on the basis.
The announcement follows the association of coinbase derivatives with Nodal Clear to launch the futures trade 24 hours of BTC and ETH in the United States.
