US CFTC now accepts stablecoins from national trust banks as margin

The U.S. Commodity Futures Trading Commission (CFTC) has expanded its guidelines to allow stablecoins issued by federally chartered National Trust Banks to be used as customer margin for Futures Commission Merchants (FCMs), BeInCrypto reported. This corrects an omission in the initial guidance from late last year, which only recognized stablecoins from state-regulated money transmitters or trust companies. The newly included stablecoins are issued by banks supervised by the Office of the Comptroller of the Currency (OCC).