Coinbase Derivatives to use USDC as futures collateral by 2026

Coinbase Derivatives is partnering with Nodal Clear to allow USDC to be used as collateral for U.S. futures trading by 2026, according to The Block. This move expands USDC’s role in the Coinbase ecosystem and aims to treat the stablecoin as a fiat equivalent for margin requirements. Both firms are regulated by the CFTC.