Coinbase Derivatives and Nodal Clear have announced an expansion of their partnership, aiming to integrate the USDC stablecoin into the US futures market.
Collaboration between Coinbase and Nodal Clear
This week, the companies announced that USDC will be accepted as collateral for margined futures trading, a step designed to encourage the adoption of stablecoins in regulated derivatives markets.
Implementation of USDC as Collateral
The integration is subject to approval by the Commodity Futures Trading Commission (CFTC), with Coinbase Derivatives and Nodal Clear working to bring USDC to the US futures market. "This is expected to be the first regulated use case of USDC as collateral," Coinbase Derivatives stated.
History of Partnership and Future of Futures Market
The plans for USDC as collateral also highlight the ambition to establish USDC as a "true cash equivalent." Nodal Clear, a CFTC-licensed organization, began supporting trading of select futures contracts on Coinbase Derivatives Exchange in May 2025.
Thus, the expected integration of USDC into the US futures market represents a significant step towards its public acceptance as a reliable medium for trading and financial transactions.