CFTC to Allow Stablecoins as Tokenized Collateral in Derivatives Markets
The U.S. Commodity Futures Trading Commission (CFTC) is advancing plans to permit stablecoins as tokenized collateral in derivatives markets. Acting Chair Caroline D. Pham announced the initiative, framing it as a step toward modernizing derivatives trading through blockchain adoption.
The move aligns with broader regulatory easing in the crypto sector and follows recommendations from the Trump-era Working Group on Digital Asset Markets. Public comments on the proposal are due by October 20.
Stablecoins, often pegged to fiat currencies, could soon play a pivotal role in derivatives markets, accelerating the integration of digital assets into mainstream finance. The CFTC's decision reflects growing institutional acceptance of crypto innovations.