Paul Grewal Backs CFTC Stablecoin Collateral Plan in $600T U.S. Derivatives Market With Ripple and Circle
The U.S. Commodity Futures Trading Commission (CFTC) is preparing to let stablecoins and other tokenized assets serve as collateral in America’s $600 trillion derivatives market. Acting chair Caroline Pham said the work is part of the agency’s “crypto sprint,” aimed at cutting costs and boosting liquidity without losing oversight. “Since January, the CFTC has been […]
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