- Deribit to offer USDC-settled options for Bitcoin and Ethereum.
- Targets increasing demand for stablecoin-based derivatives.
- Aims to enhance collateral flexibility and trade accessibility.
Deribit will launch USDC-settled options for Bitcoin and Ethereum on August 19, 2025, at its platform, addressing increasing demands for stablecoin derivatives.
This move enhances collateral flexibility and caters to rising institutional interest, potentially increasing liquidity and market engagement with to stablecoin-based derivatives.
Deribit is set to launch USDC-settled options for Bitcoin and Ethereum on August 19, 2025. This initiative is poised to provide traders with linear options contracts settled in USDC, complementing current coin-settled offerings.
The launch follows Coinbase’s acquisition of Deribit, aligning with rising interest from both institutional and retail sectors. A spokesperson stated, “institutions and retail traders benefit from the simplicity” of stablecoin-based systems. Luuk Strijers, CEO of Deribit, commented, “Institutions and retail traders alike benefit from the simplicity of holding and settling in USDC, avoiding rebalancing issues and volatility tied to coin-denominated accounts.”
This move is expected to impact collateral flexibility and allow for smaller trade sizes, appealing to diverse market participants. Deribit’s strategy centers on capitalizing on growing institutional demand for stablecoin derivatives.
Increasing USDC collateral usage suggests an elevated demand for stable and fiat-pegged settlement solutions, potentially boosting liquidity within Deribit’s ecosystem. Past successes with altcoin USDC options highlight market readiness for stablecoin-based products.
This initiative comes without new funding, relying on existing infrastructure and aligning with industry movements toward stablecoin usage in the crypto derivatives sector. Deribit aims to bridge traditional and digital asset markets effectively.
