๐Ÿ”ฅ New: Coinbase allows USDC as collateral!

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๐Ÿ“ˆ A breakthrough for USDC:

Coinbase will allow the use of USDC as collateral for trading regulated futures in the United States, in collaboration with Nodal Clear.

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๐Ÿ’ก Importance of the decision:

If approved by the CFTC, this will be the first time a stablecoin is allowed as collateral in regulated U.S. markets. This enhances USDC's position and increases trading efficiency.

โ“ Do you think this move will boost institutional trust in stablecoins?

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