CoinVoice has learned that, according to The Block, Deribit announced that it will launch USDC-settled Bitcoin and Ethereum linear options and scheduled futures contracts on August 19. The product will adopt a minimum order size of 0.01 BTC and 0.1 ETH to enhance trading flexibility.

Deribit CEO Luuk Strijers stated that USDC settlement can provide higher capital efficiency and fiat equivalent structures for institutional and individual investors. The exchange's trading volume reached $185 billion last month, setting a new record. Coinbase recently completed its acquisition of Deribit for $2.9 billion.[Original link]