CoinVoice has learned that Coinbase's international site has announced the integration with the ClearLoop network to provide over-the-counter settlement services for institutional clients. This service not only supports the management of crypto collateral by institutions but also enables near real-time settlement of trades without the need to transfer funds to the exchange, aiming to reduce counterparty risk and increase capital efficiency. Currently, the service only supports USDC, but plans to support additional collateral assets in the near future. [Original link]