BlockBeats news, on August 15, reported by The Block, the cryptocurrency derivatives trading platform Deribit (now owned by Coinbase) plans to launch linear Bitcoin and Ethereum options priced and settled in USDC on August 19, expanding its stablecoin settlement products to these two major cryptocurrencies.
Deribit stated that it will also launch Bitcoin and Ethereum futures contracts settled in USDC, as a supplement to its existing USDC settled perpetual contracts.