USDC, the stablecoin pegged to the US dollar issued by Circle and Coinbase, is about to revolutionize the regulated derivatives market in the United States.

Thanks to a joint initiative between Coinbase Derivatives and Nodal Clear, USDC will soon be accepted as collateral for margin futures trading in the USA.

USDC: a new role in the US derivatives markets 

The official announcement by Coinbase Derivatives and Nodal Clear revealed a significant change for the digital asset ecosystem.

In fact, USDC will be integrated as eligible collateral in regulated futures trading, a step aimed at promoting the spread of the stablecoin in traditional financial operations.


The innovation will allow the use of USDC to cover margins in futures contracts, thus increasing transaction efficiency and improving market liquidity.

Additionally, this application represents the first time that USDC will be officially used as collateral in a regulated market in the United States.

This ambitious project is currently subject to approval by the Commodity Futures Trading Commission (CFTC), which oversees the futures sector in the United States.

Coinbase Derivatives and Nodal Clear have initiated a collaboration with the regulatory authority to integrate USDC into the clearing and trading system, ensuring compliance with current regulations.


Coinbase Derivatives is a regulated derivatives trading platform registered with the CFTC, while Nodal Clear is a clearing organization also under the supervision of the same commission.

This synergy between established and innovative players aims to create a safe and regulated environment for the use of stablecoin in future transactions.

USDC as the true equivalent of cash

One of the most relevant aspects of this development concerns the conception of USDC as a “true equivalent of cash.”

Coinbase Derivatives indeed intends to position USDC as a reliable and immediate tool for financial movements, overcoming traditional limits related to transfer times and custody.

  • Efficiency: USDC allows for almost instantaneous transfers of funds, reducing delays in collateral management.

  • Secure custody: Coinbase Custody Trust has been chosen as the official custodian of the asset, ensuring high protection and regulatory compliance.

  • Affidabilità: the solid reputation of USDC in the world of cryptocurrencies and traditional finance consolidates its operational role.


Ultimately, the goal is to fully integrate USDC into the mechanisms of financial markets, making it an effective and accepted resource for collateralization purposes in US futures.

Coinbase Derivatives and Nodal Clear aim to officially launch USDC as collateral for futures in 2026. This timeline allows for the finalization of regulations and the refinement of the technical infrastructure necessary for a safe and widespread adoption.


In the months leading up to this debut, Nodal Clear has already begun to support the clearing of futures contracts on Coinbase Derivatives, demonstrating a commitment to consolidating this new phase of collaboration and innovation in the digital derivatives sector.

Nodal Clear is a clearing organization with regulation by the CFTC that belongs to the EEX group, which in turn is part of the giant Deutsche Börse.

This affiliation provides operational solidity and a direct connection with the main traditional financial markets in Europe and America.


Coinbase Derivatives serves as the designated and certified derivatives market, allowing the trading of contracts based on commodities and digital assets.

Their collaboration promotes the introduction of innovative instruments, such as futures active 24/7, which meet the speed and continuity demands required by the global market.

Innovation in continuous cycle futures

An additional key element is represented by the aspiration to offer active futures on a permanent basis, without daily or weekly breaks. 

This means coverage and trading available at any time, a significant progress especially for digital assets like USDC.


This approach addresses a growing demand for flexible and globally accessible financial products, with the aim of maximizing liquidity and reducing the risks associated with market disruptions.

The initiative to make USDC eligible collateral for futures trading represents a historic milestone in the path of integration between stablecoins and regulated markets.

As a result, an increase in confidence is expected from institutional investors, who will be able to leverage the stablecoin as a stable and easily liquidatable instrument.


Furthermore, the combination of efficiency in transfers, secure custody, and strict regulation could accelerate the adoption of digital assets in the traditional financial sector, stimulating innovations in clearing and payment processes.


As 2026 approaches, it will be crucial to monitor the evolution of the CFTC approval and the subsequent technical and regulatory implementations.

Those operating in the derivatives market, as well as investors interested in stablecoins, will need to closely follow these developments to seize new opportunities.


Looking ahead, the use of USDC as collateral in futures can help establish new benchmarks for regulated digital finance, suggesting a future where stablecoins and traditional instruments coexist in a synergistic and transparent manner.