Key takes
- CFTC is launching a pilot program focusing on tokenized, non-cash collateral with companies such as Ripple and Coinbase.
- The initiative aims to provide clarity to the US digital asset market and to promote responsible innovation.
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The Commodity Futures Trading Commission (CFTC) said on Friday it will launch a pilot program to investigate the use of Stablecoins and other digital assets as collateral for financial markets. The agency will be convening a CEO forum with major crypto companies to discuss it. Launch including Ripple Labs, Circle, Coinbase, and Crypto.com.
Announced by acting president Caroline Femme, the forum will focus on CFTC's Digital Asset Market Pilot Program for Tokenized Non-Cash Collateral. The initiative aims to assess the feasibility and implications of using assets such as Stablecoins as collateral for trading and liquidation activities.
“The CFTC is committed to responsible innovation. I look forward to interacting with market participants and realizing the Trump administration's guaranteed promises. that America is leading the way in economic opportunity,” Fam said.
The CFTC movement is as stubcoin is growing by market capitalization and is increasingly seen as a potential bridge between traditional financial and digital assets ecosystems. The initiative is based on Pham's previous proposal for a CFTC pilot program designed to function as a US regulation. Sandbox, Aim Provide clarity to the digital asset market while maintaining protection measures.
The agent has previously It is being used Pilot Program to evaluate new Financial products and technology. Fam I'm defending A “regulated sandbox” approach that provides clarity to the digital asset market. CFTC's Global Market Advisory Committee is also recommended to expand Using Non-cash collateral through distributed ledger technology.
Details about the CEO forum and pilot program will be released when it becomes available.
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