Deribit has announced the launch of new options for Bitcoin and Ethereum settled in USDC, set to take place on August 19, 2025. These products are aimed at expanding opportunities for traders.
Expansion of Deribit's Product Portfolio
Deribit plans to launch USDC-settled options for Bitcoin and Ethereum, which will enhance capital efficiency and offer greater flexibility for traders. CEO Luuk Strijers stated that this move marks a significant milestone in providing products that cater to both institutional and retail participants.
Accessibility for Traders
The introduction of USDC options improves accessibility for a broader range of traders. The familiar fiat-equivalent structure is expected to attract both institutional and individual investors.
Deribit's Strategy in the Derivatives Market
Deribit's strategy aligns with previous successes in launching USDC-settled options for other cryptocurrencies. It is anticipated that the new USDC options for BTC and ETH will generate substantial interest and support the platform's competitiveness in the market.
The launch of new USDC-settled options underscores Deribit's commitment to providing flexible and accessible solutions for traders amidst the growing demand for derivative instruments in the crypto industry.