Stablecoins are quite prevalent in the crypto payments ecosystem because economies are still largely dollar-based.@TheDesertLynx https://t.co/7OxDLq0tOY ...

Core Viewpoint - The CFTC is considering allowing stablecoins like USDT and USDC to be used as collateral in the U.S. derivatives market, marking a significant shift in regulatory policy [1][7]. Group 1: Regulatory Changes - Acting Chair Caroline D. Pham described the proposal as a "measured step" to align the CFTC's regulatory framework with modern finance [2]. - If approved, stablecoins would be accepted alongside cash and U.S. Treasurys as margin, potentially reshaping a market valued in the quadrillions [2][5]. Group 2: Background and Development - The initiative to recognize stablecoins as collateral originated from the February 2025 Crypto CEO Forum, aimed at enhancing liquidity and modernizing risk management [3]. - The proposal builds on findings from the President's Working Group on Digital Assets and recommendations from the CFTC's Global Markets Advisory Committee [3]. Group 3: Implementation and Feedback - The plan includes a pilot "sandbox" program to test tokenized non-cash assets, reflecting the CFTC's history of controlled innovation [4]. - Public comments are open until October 20, focusing on valuation standards, custody, settlement mechanics, and necessary rule amendments [4]. Group 4: Market Impact - The recent legislative changes, including the passage of the GENIUS Act, indicate a shift in Washington's approach to crypto, moving from viewing digital assets as speculative to establishing a regulatory framework [5]. - Allowing stablecoins in derivatives markets could significantly enhance their utility beyond exchanges and payments [5]. - Traders would benefit from the ability to post collateral in USDC or USDT instantly, reducing the need for fiat conversion and lowering barriers for institutional and retail investors [6]. - Analysts suggest this shift could unlock trillions in dormant crypto capital into the broader financial system [6].

Core Insights - Elliptic has secured investment from HSBC, becoming the only blockchain analytics firm backed by four globally systemically important banks (G-SIBs): HSBC, JPMorgan Chase, Santander, and Wells Fargo [1][6] - The investment aligns with the increasing interest from financial institutions in stablecoins and tokenized assets [1] Company Developments - Richard May from HSBC has joined Elliptic's board, emphasizing the importance of mitigating financial crime risks in the evolving digital asset landscape [2] - Elliptic reported record-breaking customer and revenue growth in Q2 2025, indicating significant traction [2] Product Innovations - The company has introduced a product called Issuer Due Diligence, aimed at helping banks evaluate stablecoin issuers and manage wallet risk [3] - This tool reflects the growing demand for institutional-grade risk management as banks prepare to integrate digital assets into their operations [3] Strategic Positioning - CEO Simone Maini stated that Elliptic was built for the current moment, anticipating institutional adoption and focusing on compliance, scalability, and real-time analytics [4] - The backing from four global megabanks enhances the legitimacy of Elliptic's offerings amid increasing regulatory scrutiny [5] Market Trends - The investment from HSBC is expected to fuel Elliptic's next phase of expansion as global banks deepen their exposure to digital assets [3][6] - The partnership signifies a deeper integration of blockchain tools within traditional banking infrastructure as interest in digital assets grows [5]

#Stablecoins provide a safe harbor in volatile markets. Are you using them to hedge your risk? ⚖️ ...

💥 STABLECOINS SET TO REVOLUTIONIZE GLOBAL PAYMENTS!With the passing of the GENIUS Act, #stablecoins could handle up to $4 trillion annually.Are you ready for the future of crypto payments? 🚀 https://t.co/aa0QbL0R6Y ...

Regulatory Updates - CFTC 更新加密货币规则，将包括稳定币在内的代币化抵押品整合到衍生品市场 [1] - 加密货币行业认为这是一个重大进展 [1] Market Impact - 市场猜测这可能推动比特币和以太坊达到新高 [1]

Core Insights - Elliptic has secured a strategic investment from HSBC, making it the only blockchain analytics firm backed by four globally systemically important banks (G-SIBs) [1] - The investment will enable Elliptic to enhance hiring and expand its presence in financial services [2] - HSBC's involvement reflects the increasing need for transparency in digital asset flows amid tightening regulations [3] Company Developments - Richard May from HSBC will join Elliptic's board, bringing expertise in financial crime compliance [1][5] - Elliptic's technology is utilized by various financial institutions and governments to monitor blockchain transactions for financial crime [2] - The firm has been focusing on enterprise adoption of digital assets and enhancing compliance capabilities for global financial institutions [3] Strategic Focus Areas - Elliptic is experiencing demand from banks interested in stablecoins and tokenized assets, launching tools to assess wallet risks [6] - The company is advancing an AI-driven roadmap to improve compliance processes and onboarding times for banks entering the crypto space [6] - Expanding blockchain coverage is a priority, ensuring readiness to screen transactions on new networks as customer needs evolve [6]

⚡️ INSIGHT: Stablecoins are outpacing traditional credit cards systems with faster settlement, lower cross-border costs, and programmable rewards. https://t.co/4mUB8Rku5T ...

🚨UPDATE: US CFTC TO EXPLORE TOKENIZED COLLATERAL IN DERIVATIVES MARKETS, INCLUDING STABLECOINS, SAYS ACTING CHAIR CAROLINE D. PHAM ...

Crypto Market & Regulation - CZ refutes FT report on YZiLabs, stating it's not raising external funds and operates independently from Binance [1] - CFTC launches initiative for tokenized collateral in derivatives markets, seeking feedback by October 20 [1] - SEC clears listing of Grayscale Ethereum Trust ETFs under generic rules [3] Digital Currency & Investment - European regulators plan to launch the digital euro (CBDC) by mid-2029 [3] - Tether explores raising up to $20 billion, seeking a $500 billion valuation [3] - Morgan Stanley ($1.3 trillion) to allow E*Trade clients to trade $BTC, $ETH, and $SOL starting early next year [3] - Ripple stablecoin $RLUSD is now an off-ramp for BlackRock and VanEck tokenized funds via Securitize [3] Economic Outlook - Federal Reserve Chair Jerome Powell indicates tariffs had a smaller impact on inflation than initially expected [2] - President Trump suggests Bitcoin "will overtake gold" [3] - Donald Trump claims the U S is in a "golden age," citing record markets and $17 trillion in new investments [3]