TechFlow news, December 9 — The U.S. CFTC announced the launch of its Digital Asset Tokenized Collateral Pilot Program, permitting specific digital assets including Bitcoin, Ethereum, and USDC to be used as collateral in regulated derivatives markets. The agency simultaneously released tokenized collateral guidance and removed outdated regulatory provisions. Officials stated this move will enhance customer asset protection and settlement efficiency, marking a key step in advancing America's "crypto sprint" and the "Genius Act." Institutions including Coinbase and Circle expressed support, noting that stablecoins and tokenized assets are poised to reshape traditional finance's settlement and risk management models.
BiyaPay analysts noted that regulators' formal recognition of BTC, ETH, and stablecoins as eligible collateral could accelerate the integration of "compliant on-chain assets with traditional derivatives," benefiting the digital asset and USD stablecoin ecosystems in the long term. For investors, BiyaPay’s multi-asset wallet enables one-stop allocation of USDT across U.S. stocks, Hong Kong stocks, futures, and digital assets, providing access to global market opportunities.
