• Wealthcamp
  • Posts
  • The Future of Derivatives: Powered by Stablecoins?

The Future of Derivatives: Powered by Stablecoins?

CFTC Greenlight could reshape global derivatives market and bring digital assets into mainstream finance.

In a bold move to reimagine the US financial landscape, the U.S. Commodity Futures Trading Commission (CFTC) has introduced an initiative to allow stablecoins as tokenized collateral in derivatives markets. Acting Chair Caroline Pham dubbed this development the "killer app" for modernizing financial markets and cutting costs, turning traditional finance on its head by welcoming digital assets into its fold. She argues that non-cash collateral could also turbocharge liquidity across sectors.

Major stablecoin players like Circle, Tether, and Ripple are welcoming the plan, saying it would level the playing field between digital and fiat collateral. The public comment period is open until October 20, inviting industry stakeholders to weigh in on the implementation. While practical details are still being hashed out, this could be a turning point — not just for crypto markets, but for the broader question of how tokenized assets and traditional finance converge.

Let's dive in!

  • CFTC introduces stablecoins as collateral in derivatives, aiming to modernize markets and lower costs. — Read More

  • Y Combinator partners with Base and Coinbase Ventures for 'Fintech 3.0' innovation. — Read More

  • Digital euro set for 2029 launch as EU advances talks and addresses holding limits. — Read More

  • Morgan Stanley partners with Zerohash to bring crypto trading to E-Trade clients, starting with Bitcoin, Ether, and Solana. — Read More

  • Federal Reserve Chair Jerome Powell expresses skepticism about further interest rate cuts by 2025, considering inflation and growth challenges. — Read More

  • Kraken to list Ethena Labs' USDe stablecoin, marking first US exchange presence. — Read More

Bitcoin's Role at the UN General Assembly

Paystand CEO highlights Bitcoin's impact on global development at Concordia Summit.

Fold, Visa, and Stripe Introduce Bitcoin Rewards Card

Fold partners with Visa and Stripe to launch Bitcoin rewards credit card, offering up to 10% back at top retailers.

Bitcoin Bollinger Bands Signal Imminent Volatility

Bitcoin's compressed Bollinger Bands hint at a major price movement.

Ian Calderon Aims to Lead California with Bitcoin Policy

California governor hopeful Ian Calderon pledges to integrate Bitcoin into state finances, aiming for tech leadership.

Asian Traders' Influence on Bitcoin Bull Run Questioned

Analyst suggests Asian trading growth may not reignite Bitcoin's bull run amid U.S. institutional dominance.

Bitcoin ETF Withdrawals Hit $465 Million Amid Bearish Market

Bitcoin ETF outflows top $465 million as bearish sentiment grips the market.

Bitcoin Price Dips Amid Economic Concerns

Bitcoin stumbles below $113,000 while ASTER and Immutable surge in a volatile crypto market.

SEC Greenlights Grayscale Ethereum ETFs with New Rules

SEC approves rule shift facilitating Grayscale's Ethereum ETF listings, enabling faster ETF approvals.

Ethereum Faces Resistance After Recent Decline

Ethereum risks further decline below $4,125 as it struggles against key resistance levels.

Ethereum Dips Below $4200 Amid ETF Outflows

Ethereum price sinks to $4,100 as spot ETF outflows reach $141 million in a single day.

Vitalik Buterin Backs Coinbase’s Base Amid L2 Criticism

Vitalik Buterin defends Coinbase's Base L2 blockchain, emphasizing its alignment with Ethereum’s security model.

Tether Eyes Massive $20B Raise Amidst $500B Valuation Ambitions

Tether seeks up to $20 billion in a funding round that could value the company at $500 billion, potentially placing it among the world's largest private enterprises.

Kazakhstan Launches Evo Stablecoin with Solana and Mastercard

Kazakhstan introduces the Evo stablecoin leveraging Solana and Mastercard for a digital finance revolution.

BNB Chain Proposes Gas Fee Cuts Amidst Token Surge

BNB Chain validators aim to slash gas fees by 50% as BNB surpasses $1,000, targeting Solana competition with accelerated block times.

HBAR Bounces Back with Upside Momentum

HBAR experiences a volatile 23-hour period but ends with bullish momentum, signaling potential for further upside.

BlackRock's Move Into XRP Could Boost PEPENODE

BlackRock's $2B fund expansion into XRP ensures tighter bonds between tradfi and blockchain, while enhancing PEPENODE's prospects.

Ripple partners with Securitize for RLUSD exchange access

Ripple teams up with Securitize to allow BUIDL and VBILL token holders to swap shares for RLUSD, providing 24/7 liquidity and real-world utility.

Ethereum's Potential Supercycle Driven by Wall Street and AI

Wall Street's crypto adoption and AI platforms could fuel an Ethereum 'supercycle', say experts.

AI: The UX Savior for Web3

AI's role in fixing Web3’s complex UX is crucial for mainstream adoption.

Robinhood Expands Access to Private Investments and Crypto

Robinhood launches Ventures Fund I to offer retail investors access to private tech firms and increases crypto token offerings with AI support.

CFTC Considers Tokenized Asset Collateral Plan

CFTC may allow tokenized assets like stablecoins to serve as collateral in derivatives markets, benefiting platforms like Best Wallet.

Bolivia Urged to Adopt Stablecoins Amid Growing Market

Bolivia should adopt stablecoins before the global trend shifts without them, says op-ed.

Kraken Pledges $2M to Pro-Trump Crypto Efforts

Kraken co-CEO Arjun Sethi commits $2M to pro-Trump PACs to bolster crypto privacy rights in the US.

Lummis Advocates Bitcoin ATM Protections Against Scams

Senator Lummis pushes for safeguards on Bitcoin ATMs amid rising fraud instances, especially affecting seniors.

Brazil’s Forex Rules May Impinge on Crypto Exchanges

Brazil's central bank's new forex rules could impact crypto exchanges by enforcing transaction caps.

SEC and CFTC Won't Merge, Says SEC Chair

SEC Chair Paul Atkins quells merger rumors with CFTC, emphasizing collaboration over integration.

Court Denies Justin Sun's Request to Halt Bloomberg Disclosure

Judge rules against Justin Sun's bid to prevent Bloomberg from revealing his crypto assets exceeding $3 billion.

SEC Pushes for Quick Approval of Crypto Market Structure Bill

SEC Chair Atkins urges Congress to speed up the approval of the crypto market structure bill, backed by a White House deadline for 2025.

FTX Recovery Trust Sues Genesis Digital for $1.15B

FTX Recovery Trust alleges fraudulent transfers in a $1.15 billion lawsuit against Genesis Digital for misappropriated funds used by Sam Bankman-Fried.