Coinbase Derivatives and Nodal Clear are teaming up to integrate USDC, a stablecoin co-founded by Circle and Coinbase, as collateral for regulated futures trading in the US market. This partnership marks a significant milestone in establishing USDC as a true cash equivalent.
The move is expected to bring increased efficiency through near-instant money movement and secure custody via Coinbase Custody Trust. The integration will also leverage Nodal Clear’s rigorous risk management framework, which aligns seamlessly with USDC.
Coinbase Derivatives CEO Boris Ilyevsky stated that the partnership aims to enhance trading capabilities for US market participants, improve operational efficiency, and ensure secure custody. Nodal Clear Chairman and CEO Paul Cusenza expressed excitement about continuing their relationship and innovating in the industry.
The development comes as regulators continue to support innovation in the stablecoin space. The Commodity Futures Trading Commission (CFTC) has advanced a recommendation to expand the use of non-cash collateral through distributed ledger technology.
USDC’s reliability and compliance-first framework make it uniquely suited for integration into traditional financial markets. As a regulated and widely adopted digital dollar, USDC enables near-instant transactions and has become foundational infrastructure across both centralized and decentralized financial platforms.
The partnership underscores Coinbase’s commitment to driving the next chapter in stablecoin adoption and revolutionizing the global financial system.
Source: https://www.coinbase.com/blog/coinbase-derivatives-and-nodal-clear-partner-in-usdc-integration