Coinbase launches USDC-backed derivatives clearinghouse after CFTC approval
Coinbase received CFTC registration for an in-house clearing unit that will settle fully collateralized futures and swaps using USDC.
Topic
USDC
Every story we have filed on USDC.
23 stories
NEAR Intents halts most stolen Bitget funds, sparking debate over its “permissionless” label
NEAR Intents stopped $503,000 of the $50 million tied to the Bitget hack, prompting questions about the platform’s claim of being permissionless.
Coinbase Enables Citi’s Institutional Clients to Accept and Convert Stablecoins
Coinbase now powers Citi’s Spring platform, letting firms receive stablecoin payments and automatically turn fiat deposits into digital assets.
Coinbase Secures CFTC Clearance to Operate Its Own U.S. Derivatives Clearinghouse
Coinbase has obtained CFTC approval to launch Coinbase Clearing LLC, enabling it to clear fully collateralized crypto futures and swaps in the United States.
Bybit Enables Institutional Use of Franklin Templeton Tokenized Money-Market Shares as Collateral
Bybit now lets eligible clients pledge tokenized Franklin Templeton fund shares for USDT or USDC-denominated credit lines, keeping the assets off-exchange.
Citi and Coinbase Enable Seamless Stablecoin Payments for Institutional Clients
Citi’s institutional customers can now accept stablecoin payments through Coinbase, which handles conversion to fiat and settlement.
BIX aims to bring its crypto-linked Visa card to nearly all U.S. states within the year
BIX plans to extend its stablecoin-backed Visa card from 29 to 49 states in the next six to eight months, pending regulatory clearances.
Riot Platforms Clears $200 Million Credit Line, Unlocks Collateral and Expands AI-Focused Data Centers
Riot Platforms has fully repaid its $200 million Coinbase Credit loan, freeing pledged assets and continuing to grow its Texas data-center operations.
Visa’s stable-coin metrics shift after address-label overhaul
A Visa data refresh re-classified millions of addresses, slashing adjusted stablecoin volume while transaction counts barely moved.
Aave’s equity-backed USDC loans face weekend price-gap risk
Aave’s new stock-token market lets USDC lenders fund loans using Coinbase-issued equity tokens, but frozen price feeds over weekends could create bad-debt…
Circle Foundation Funds UN Trials of Stablecoin Payments for Aid Distribution
The Circle Foundation is financing UN projects to test regulated stablecoins as a faster, cheaper way to deliver humanitarian assistance.
Ripple positions XRP as a bridge asset while expanding stablecoin options for global payments
Ripple’s CEO reiterated that XRP can serve as a bridge currency, but the firm’s infrastructure already supports multiple stablecoins for cross-border…
Bitget breach sees $83 million of XRP shifted, Ripple lacks freeze power
After the $388 million Bitget hack, the attacker moved roughly $83 million in XRP, while Ripple cannot block the token’s transfer.
Binance’s $100 M Stake Fuels USDC Surge, Tightening the Stablecoin Contest
Binance’s new investment and partnership with Circle has accelerated USDC adoption, challenging Tether’s dominance in the dollar-stablecoin market.
Federal Reserve’s stablecoin proposal could force a sub-48-hour liquidation scramble
The Fed’s draft rule introduces an hourly crisis clock that may require stablecoin issuers to liquidate reserves within two days of a reserve shortfall.
Crypto firms and traditional finance converge on stablecoins, tokenized assets and on-chain trading
Binance backs Circle, Canadian banks test tokenized deposits and the NYSE partners with Blockchain.com as both sides vie for control of digital money.
Kamino Launches GBP-Denominated Lending Pool on Solana
Kamino has introduced a tGBP market on Solana, letting users lend or borrow a pound-linked stablecoin using crypto collateral.
Circle and Tether Blacklist Stablecoins After Bitget Exploit, Leaving Most Funds Unreachable
Circle and Tether blocked about $318,000 in USDC and USDT tied to the Bitget breach, but the attacker kept most of the loot in Ethereum.
Circle and Tether immobilize a fraction of assets linked to the Bitget breach
Circle and Tether blacklisted a wallet tied to the $351.6 million Bitget hack, freezing roughly $318,000 in USDC and USDT.
Payy suspends crypto card and stablecoin services after Ethereum bridge drain
Payy froze its stablecoin payment network and card transactions after reporting an outflow of roughly 1.83 million USDC from its Ethereum bridge on September…