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Coinbase and Nodal Clear to Pioneer USDC as Collateral in U.S. Futures Markets

Coinbase and Nodal Clear to Pioneer USDC as Collateral in U.S. Futures Markets

Published:
2025-06-19 19:14:13
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Coinbase Derivatives has announced a renewed partnership with Nodal Clear, a CFTC-regulated clearing organization, to introduce USD Coin (USDC) as eligible collateral for futures contracts in U.S. markets. This initiative, slated for implementation in 2026, is designed to enhance settlement efficiency through near-instant transfers while capitalizing on USDC's regulatory compliance and transparent reserves. The collaboration marks a significant step forward in integrating stablecoins into traditional financial markets, further bridging the gap between digital assets and conventional finance. By leveraging USDC's stability and regulatory clarity, Coinbase and Nodal Clear aim to provide market participants with a more streamlined and secure collateral option. This development underscores the growing adoption of cryptocurrencies in institutional finance and highlights Coinbase's commitment to innovation in the derivatives space. The move is expected to attract more institutional investors to the crypto market, fostering greater liquidity and stability. As the crypto industry continues to evolve, partnerships like this demonstrate the increasing synergy between blockchain technology and traditional financial infrastructure.

Coinbase Derivatives and Nodal Clear Partner to Introduce USDC as Collateral in U.S. Futures Markets

Coinbase Derivatives has renewed its partnership with Nodal Clear, a CFTC-regulated clearing organization, to integrate USD Coin (USDC) as eligible collateral for futures contracts in U.S. markets. The initiative, set for implementation next year, aims to streamline settlements through near-instant transfers while leveraging USDC's regulatory compliance and transparent reserves.

The collaboration aligns with growing regulatory efforts to recognize stablecoins as cash equivalents. By anchoring USDC within Nodal Clear's risk management framework—part of Deutsche Börse's EEX Group—the MOVE signals institutional confidence in stablecoin utility for derivatives trading.

Market participants anticipate the integration will reduce counterparty risks and operational friction in regulated futures markets. Coinbase's public endorsement underscores its strategic pivot toward stablecoin infrastructure, echoing industry-wide shifts toward blockchain-based settlement efficiency.

XRP Gains Traction in DeFi with New cbXRP Support and $100M Institutional Investment

Flare Network's strategic push into XRP-based decentralized finance (XRPFi) has attracted a $100 million commitment from electric vehicle services firm VivoPower. The capital infusion signals growing institutional interest in yield-bearing XRP applications.

Moonwell makes history as the first lending protocol on Coinbase's Base ecosystem to integrate cbXRP—a 1:1 tokenized version of XRP. The development enables holders to collateralize their positions without liquidating XRP holdings, borrowing USDC against cbXRP to access DeFi liquidity.

These parallel advancements demonstrate XRP's expanding utility beyond payments. Flare's staking model and Moonwell's lending market collectively create new avenues for XRP holders to participate in decentralized finance while maintaining long-term asset exposure.

Dogecoin Shows Resilience Amid Market Volatility, Flashing Oversold Signals

Dogecoin (DOGE) rebounded from an intraday low of $0.164 to close NEAR $0.171, marking a 4.7% recovery amid broader market weakness. The bounce suggests institutional accumulation at lower levels as traders brace for continued volatility.

Geopolitical tensions between Israel and Iran triggered intense selling pressure, briefly pushing Doge down over 7% intraday. Macroeconomic headwinds persist, with the Fed maintaining restrictive policy at 4.25%-4.50% rates—a historically bearish environment for risk assets like memecoins.

Despite headwinds, DOGE remains a top-tier liquid asset with $1.37B daily turnover and a $24.7B market cap. Technical indicators now flag oversold conditions, while LunarCrush data reveals 86% positive sentiment across 16,000+ social mentions—a testament to unwavering community conviction.

Regulatory developments, including potential U.S. spot ETF approvals, and growing DeFi integration via platforms like Coinbase's Base network could dictate DOGE's near-term trajectory. The memecoin's ability to hold key support levels signals underlying strength even as macroeconomic storms rage.

3 US Crypto Stocks Surge Following GENIUS Act Passage

Coinbase Global (COIN) and Circle Internet Group (CRCL) led crypto-related equities higher after the US Senate approved the GENIUS Act, establishing the first federal regulatory framework for stablecoins. Coinbase shares jumped 16% amid bullish technical indicators and the launch of its new Coinbase Payments network for USDC transactions.

Circle's stock soared 33% post-IPO, benefiting from the regulatory clarity. Galaxy Digital (GLXY) also gained traction following ecosystem updates, though the article cuts off before detailing its performance.

The Chaikin Money FLOW indicator suggests sustained buying pressure for COIN, with potential resistance at $305.42. Circle's CRCL now trades at $199.59, representing a fivefold increase from its debut price.

JPMorgan Chase and Coinbase Partner for Institutional Deposit Token Launch

JPMorgan Chase, the largest U.S. bank, is advancing its cryptocurrency ambitions with the upcoming pilot of JPMD, a blockchain-based deposit token. Unlike stablecoins, JPMD represents a digital version of bank deposits, leveraging blockchain for seamless transfers and cross-border B2B payments. The initiative marks a strategic pivot toward tokenized solutions on public networks.

Coinbase will serve as the collaborative partner, hosting JPMD transactions on Base, its Ethereum-based layer-2 blockchain. Jesse Pollack, Coinbase's VP of engineering, framed the pilot as a bridge for institutional capital into the digital economy. Naveen Mallela of JPMorgan underscored the bank's conviction in public blockchain infrastructure for enterprise-grade financial innovation.

$AERO Soars 70% in a Week – Coinbase-Backed DEX Nears $1B Market Cap

Aerodrome Finance ($AERO) has surged 70% over the past week, fueled by growing trader interest in Base's leading decentralized exchange. The protocol now sits just $230 million shy of a $1 billion market capitalization, with a 15% gain in the last 24 hours alone. This rally raises questions about whether the momentum stems from genuine adoption or speculative froth typical of crypto bull markets.

As the second-largest liquidity hub on Ethereum's Base blockchain, Aerodrome has cemented its position as a Core DeFi infrastructure. It commands $1.02 billion in total value locked—nearly a third of Base's $3.83 billion ecosystem. The protocol consistently processes $500 million in daily volume, outpacing even Uniswap's activity on the chain.

Aerodrome's financial metrics underscore its dominance. Generating $2.68 million in weekly revenue, the protocol projects $166 million annualized—surpassing competitors like Coinbase Wallet and Phantom in economic impact. Market observers now watch whether this growth can sustain as Base solidifies its position in the layer-2 landscape.

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