$USDC
So far, only fiat currencies have been accepted to cover the margins required by clearinghouses. However, Coinbase Derivatives CEO Boris Ilyevsky confirmed that they are working with Nodal Clear to enable USDC to fulfill this role.
The process aims to enable this possibility at some point in 2026, according to official information.
"Currently, only fiat meets the margin requirements set by the clearinghouse," Ilyevsky said, "Our collaboration now aims to make USDC a fiat equivalent."
Paul Cusenza, president and CEO of Nodal Clear, also expressed his support: "The plans to integrate USDC as collateral reflect our commitment to innovation and responding to market needs. We look forward to working with our members and the CFTC to bring this vision to fruition."
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