US CFTC Launches Stablecoin Collateral Plan in Derivatives Markets
The U.S. Commodity Futures Trading Commission (CFTC) has unveiled an initiative, letting stablecoins function tokenised collateral in derivatives markets. CFTC performing chair Caroline Pham announced Tuesday that the company will “work intently with stakeholders” on the directive. She referred to as it the “killer app” to modernize markets by adopting non-cash collaterals and thus reducing…
