Bitnomial Adds RLUSD and XRP as Margin Collateral, Expanding Crypto Derivatives Offerings
CoinDesk
Bitnomial now accepts RLUSD and XRP as margin collateral, becoming the first U.S.-regulated clearinghouse to accept stablecoins for derivatives.Summary
Bitnomial, a CFTC-regulated derivatives exchange and clearinghouse based in Chicago, announced it is the first U.S. registered derivatives clearing organization to accept stablecoins as margin collateral. The firm added support for RLUSD and XRP margin deposits, building on its prior launch of crypto margin deposits. This expansion allows institutional traders on the Bitnomial Exchange to post stablecoins and XRP to margin leveraged perpetuals, futures, and options, with retail users gaining access via the Botanical platform. The move is intended to provide crypto-native funds and institutional traders with more capital-efficient exposure while remaining compliant with U.S. regulations.
(Source：CoinDesk)