USDC
+0.0%Coinbase Clearing LLC launches as CFTC-approved USDC derivatives clearinghouse
Image: CointelegraphThe CFTC registered Coinbase Clearing LLC as a derivatives clearing organization on September 28, 2026. It is the first USDC-native clearinghouse for regulated US derivatives. The clearinghouse uses USDC for settlement and collateral, and can clear fully collateralized futures, options on futures and swaps, but not leveraged products. Coinbase now has end-to-end regulated derivatives infrastructure, joining Kraken which brought US derivatives infrastructure in-house earlier in 2026.
Key points
- It is the first USDC-native clearinghouse for regulated US derivatives.
- The clearinghouse uses USDC for settlement and collateral for eligible derivatives products.
- It can clear fully collateralized futures, options on futures and swaps, not leveraged products.
Why it matters
The approval lets Coinbase offer vertically integrated regulated derivatives services with USDC settlement. It also creates a new productive use case for USDC, increasing stablecoin utility.
Price context · USDC
At publication
$0.9999
Now
$0.9999
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Cointelegraph
Tier 1
Coinbase gets CFTC approval for US derivatives clearinghouse
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Cointelegraph
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
