Today, the US Commodity Futures Trading Commission (CFTC) has allowed the stablecoin USDC to be used as collateral for derivatives trading. With daily trading volumes in the derivatives market reaching trillions of dollars, after this approval, institutions can directly use USDC to lock in trading positions, reducing transaction costs and increasing efficiency. This slow yet massive transformation is underway.
In the future, when the NYSE gets involved, stock issuance, trading, and dividend distribution will all be on-chain...
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A small step, but also a giant leap.
Today, the US Commodity Futures Trading Commission (CFTC) has allowed the stablecoin USDC to be used as collateral for derivatives trading.
With daily trading volumes in the derivatives market reaching trillions of dollars, after this approval, institutions can directly use USDC to lock in trading positions, reducing transaction costs and increasing efficiency.
This slow yet massive transformation is underway.
In the future, when the NYSE gets involved, stock issuance, trading, and dividend distribution will all be on-chain...