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CFTC Explores Stablecoins for Modernized Derivatives Trading

9/24/2025

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Summary

Story summary

The CFTC is exploring stablecoins as tokenized collateral to modernize derivatives trading with blockchain.
Acting Chair Caroline D. Pham announced the initiative, aiming to integrate digital assets into traditional finance.
The CFTC invites public feedback on the initiative.
Circle and Coinbase support the move, signaling lower costs, liquidity, and alignment with the President’s Working Group report.

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Story summary

The CFTC is exploring stablecoins as tokenized collateral to modernize derivatives trading with blockchain.
Acting Chair Caroline D. Pham announced the initiative, aiming to integrate digital assets into traditional finance.
The CFTC invites public feedback on the initiative.
Circle and Coinbase support the move, signaling lower costs, liquidity, and alignment with the President’s Working Group report.