Coinbase Secures CFTC Registration for USDC-Native Clearinghouse With 24/7 Settlement

Coinbase Clearing LLC won CFTC registration as a USDC-native derivatives clearinghouse with 24/7 settlement. The approval allows Coinbase to clear fully collateralized futures, options, and swaps using USDC, while margin products remain with external partners. This marks a significant step for stablecoin-based derivatives in the US.